DCB Bank Limited is a private-sector banking company that provides banking and other financial services in several parts of India. The company operates in four segments—treasury, wholesale banking, retail banking, and other banking operations. The headquarters of the company are in Mumbai, Maharashtra, and it was incorporated on 31 May 1995 when it received the license to provide banking services from the Reserve Bank of India (RBI). As of 21 October 2022, the market capitalisation of the DCB bank is Rs 3,059 crore.
The company floated its IPO and then got listed on the stock exchanges on 27 October 2006. It is listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) under the codes DCBBANK and 532772, respectively.
As of 30 September 2022, DCB Bank had 410 branches across more than 22 states and union territories in India. The services that this bank offers include savings accounts, deposit schemes, loans, mutual funds, a demat account, insurance, and corporate banking, among others. The bank also offers NRI services, such as remittance services, abroad money transfers, currency exchange, etc. For the quarter that ended June 2022, the bank reported a consolidated income of Rs 949.27 crore with a net profit of Rs 97.15 crore.
As per the shareholding pattern of the company in June 2022, its promoters were holding a 14.85% stake in the company, a 43.81% stake was held by retail investors, 27.65% was invested in mutual funds, a 12.45% stake was held by foreign institutional investors, and the remaining 1.24% belonged to domestic institutions. The company’s management team comprises Mrs Rupa Devi Singh (chairperson), Mr Murali M Natarajan (MD and CEO), Mr Tarun Balram (director), Mr Shafiqq Dharamshi (director), Mr Shabbir Merchant (director), and Ms Rubi Chaturvedi (company secretary and compliance officer), among others.
On 21 October 2022, DSB Bank Limited’s share price was Rs 98.60 per share at the NSE and Rs 98.70 per share at the BSE. The DSB Bank shares have given a six-month return of 21.78%, and their 52-week high price and 52-week low price are Rs 114.05 and Rs 68.05, respectively. The top peers of this company include the State Bank of India, Kotak Mahindra Bank, HDFC Bank, Canara Bank, and ICICI Bank.
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