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17-Jul2017

DCB Bank to go slow on branch network expansion for next two years

DCB Bank has added 90 branches in the year to June 2017 to take it to 290, and will close FY18 with about 310 branches. The bank will have only 350 branches by FY20. The small sized private sector lender will slow down on its network expansion for the next two years to concentrate on improving profitability from existing network of around 300 branches.

Development Credit Bank (DCB) is one of the emerging private sector banks in India. The Bank is amongst the first private sector banks to waive advisory fee and service charge for Mutual Fund investment.



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