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DCB Full Form

DCB Full Form

Edited By Team Careers360 | Updated on Jul 24, 2023 03:00 PM IST

What is the full form of DCB?

DCB strand for Development Credit Bank is a private scheduled financial bank with a network of around 405. This bank has several offices with nineteen states and three union territories across the nation. This bank has its own headquarters which is located in Maharashtra , India.

Rupa devi is the non- executive Chairman of the bank and On January 14, 2022, Mr. Murali Natrajan was appointed managing director and CEO of DCB Bank Limited.

History of DCB

  • At the end of March 2022, DCB Bank Limited operated 400 branches across the country.

  • DCB bank listed for Both the Bombay Stock Exchange and the National Stock Exchange in India for public sale.

  • In the past, Ismailia Co-operative Bank Limited and the Masalawala Co-operative Bank merged to form Development Co-operative Bank, which had its roots in Maharashtra, India.

  • When the Reserve Bank of India granted the scheduled bank licence in May 1995, this was renamed Development Credit Bank. The modern name, registered company, and corporate logo are DCB Bank Limited.

DCB Full Form
DCB Full Form

Awards

  • In 2018 Business world Magna Awards recognised DCB Bank as the runner-up for Best Small Bank in India. In 2017 BusinessWorld Magna Awards named it the Best Small Bank in India.

  • The Bombay Chamber of Commerce & Industry represented DCB Bank with the Good Corporate Citizen Award in 2017–18.

  • This Bank is also involved in active promotion of sustainability and the prevention of climate change in India.

  • During the 8th MSMEs Excellence Awards in March 2022, ASSOCHAM presented DCB Bank with the "Excellent Services of the Year" award.

  • This Bank has earned the esteemed Great Place to Work Certification for 2022–2023 that identifies and honours Great Workplace Cultures.

DCB Bank Vision

  • Small and Medium-Sized Enterprises (SMEs), Retail, Mid-Corporate, Agriculture, Micro-SMEs, Industry, Co-operative Banks, Public Sector, and NBFC all are the clients of DCB Bank (Non-Banking Finance Companies).

  • DCB is the most innovative and proactive neighbourhood bank in India, serving corporations, individuals, and other businesses.

  • Currently, it serves about 10 lakh customers.

Services of DCB Bank

  • Home loan

  • Gold loan

  • Debit card

  • Current account

  • Personal loan

  • Credit cards

  • Fixed deposits

  • Savings account

  • Car loan, etc.

Frequently Asked Questions (FAQs)

1. What is the other name for DCB?

One of India's newer generation of private sector banks is DCB Bank Limited, formerly known as Development Credit Bank.

2. What is DCB Finance?

Administered capital budget (ACB) and Departmental capital budget (DCB).

3. What is a DCB card?

DCB Bank Limited offers you the general-purpose reloadable DCB Prepaid Card. We can use the card to access your money around-the-clock, and it is supported by the VISA/Rupay platform. Any ATM and retailer that accepts the VISA/Rupay card will accept it.

4. How does DCB Bank work?

We can view all of the stakeholders in one location and gain comprehensive product knowledge. The workplace culture is also cordial. Of course there is pressure because there are so few resources.

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