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DCB Bank Ltd

NSE: DCBBANK BSE: 532772

₹181.95

(0.38%)

Thu, 28 May 2026, 05:43 pm

Company History

1930

  • The Ismailia Co-operative Bank Limited and the Masalawala Co-operative Bank Limited come into being

1981

  • Ismailia Co-operative Bank Limited is amalgamated with Masalawalla Co-operative Bank Limited to form the Development Co-operative Bank Limited

1993

  • The Reserve Bank of India issues Guidelines on Entry of Private Sector Banks

1995

  • Development Co-operative Bank is converted into a joint stock banking company, Development Credit Bank Limited
  • Development Credit Bank Limited is granted the certificate of incorporation and license to carry on banking business
  • The shareholders of Development Co-operative Bank resolve to register as a limited company

2007

  • D E Udwadia is appointed as an Additional Director of the Bank

2009

  • Suhail Nathani is appointed as an Additional Director of the Bank
  • Murali M Natrajan is appointed as an Additional Director and Managing Director & CEO of the Bank

2010

  • DCB Appoints J.K Vishwanath as Chief Credit Officer
  • Development Credit Bank Ltd. partners with ICICI Lombard GIC Ltd. in Bancassurance
  • DCB receives permission to open two Semi-Urban/Rural branches in Gujarat

2011

  • Development Credit Bank inaugurates its newest branch in Gujarat at Vadodara
  • DCB Bank inaugurates 81st branch at Mandvi, Surat District, Gujarat
  • DCB presents Aga Khan Hockey Tournament

2012

  • DCB Bank updates on Capital raising plan - QIP issue and preferential issue
  • DCB Bank inaugurates new branches in Itarsi and Pipariya, Madhya Pradesh
  • DCB Bank and ITZ Cash launch Freedom Pre-Paid Card

2013

  • Jamal Pradhan is appointed as Additional Director on the Board of Directors
  • DCB Bank associates with Credit Sudhaar to offer DCB Payless Card
  • DCB Bank is assigned a CRISIL A1+ rating for the Certificates of Deposit programme
  • The name of the bank is changed from Development Credit Bank Limited to DCB Bank Limited

2014

  • DCB Bank's Information Security Management System has been certified against ISO 27001:2005 standard
  • DCB Bank reappoints Nasser Munjee as part-time Chairman
  • Atal Agarwal is appointed as Executive Vice President and Head - Corporate Banking, Financial Institutions and Investment Banking
  • The company changes its name from Development Credit Bank Ltd. to DCB Bank Ltd.

2015

  • DCB Bank launches mobile wallet service YAP
  • DCB Bank updates on 150+ additional branches roll out plan

2016

  • DCB Bank launches Aadhaar enabled ATM in Bengaluru

2018

  • DCB Bank launches online service to send money globally