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DCB Bank was incorporated in 1995, by reconstituting the Development Co-operative Bank Ltd (DCBL) to Development Credit Bank Ltd as a joint-stock banking company.
DCB Bank's board approved a new Code for Fair Disclosure of market-moving information. This enhances transparency, prevents misuse, and appoints a Chief Investors Relation Officer for uniform dissemination.
DCB Bank updated its half-yearly debt securities. As of March 31, the bank's total outstanding debt securities amount to 700 Cr across two issuances, reflecting its current debt position.
DCB Bank's Board has approved amendments to its Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information. This update strengthens internal guidelines on handling market-sensitive data and aims to prevent its misuse. The revised code defines 'legitimate purpose' for sharing such information and assigns a Chief...
DCB Bank's Business Responsibility and Sustainability Report shows significant operational improvements, with reduced energy and water intensity per rupee of turnover and lower Scope 1 & 2 GHG emissions, supported by various green initiatives. However, the Bank faced substantial monetary penalties, totaling approximately ₹94.88 Lakhs, from consumer forums for issues...