Development Credit Bank IFSC code, MICR code, Address
Development Credit Bank branch details in India
Last Updated 28th Mar 2017
Development Credit Bank has 341 branches across India spread over 21 states and union territories.
Maharashtra state, with 63 branches has the largest number of Development Credit Bank branches in India followed by Odisha state with 41 branches and Gujarat state with 38 branches.
Statewise distribution of Development Credit Bank branches in India is as below. To find branch address, phone, IFSC code, MICR code of the branch that you are looking for, click on the state where the branch is located.
Development Credit Bank is a Private Bank in India with 184 branches, 328 ATM's and 3,352 employees across the country.
Development Credit Bank's registered office is located at 601 & 602, Peninsula Business Park, 6th floor, Tower A, Senapati Bapat Marg, Mumbai Maharashtra-400013
For the year ended 31st Mar 15, the bank reported Net Interest Income of Rs. 508 crs and Standalone net profit of Rs. 47 crs. Development Credit Bank reported total deposits of Rs. 12,609 crs and total advances of Rs. 10,465 crs.
Development Credit Bank's management is led by its CEO Mr. Murali.M. Natrajan.
Highest fixed deposit interest offered by Development Credit Bank is % per annum on deposits.
Its current Base Rate is 10.64%, which was last revised on 04th May 16.
DCB Bank reported standalone net profit of Rs 69.53 crore for the quarter ended March 31, 2016, registering growth of 10.47%. Net Interest Income for the quarter stood at Rs 168.69 crore, clocking growth of 30.09%. GNPA for the quarter stood at 1.51% down 25 bps. For the year ended March 31, 2016, the bank reported net profit of Rs. 194.53 crore.
Travel company Thomas Cook India has teamed up with Western Union Business Solutions and Indian DCB Bank to help the country SMEs perform cross border trade payments. Thomas Cook will reach out to its SME client base and the larger SME market to refer their trade transactions to DCB Bank through the Western Union platform. The idea is to leverage Western Union payment technology and DCB Bank trade finance expertise to improve relationship management and automate payment confirmation, ultimately enhancing procurement for SMEs.
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