DCB Bank raises Rs 94 cr via QIP

Private sector lender Development Credit Bank (DCB) on Wednesday raised around Rs. 94 crore of tier-I capital through a qualified institutions placement (QIP). As of December 31, 2011, DCB Bank’s capital adequacy ratio was 13.00% (of which Tier I capital was 11.15%).

March 14, 2012 / 14:57 IST

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Moneycontrol Bureau

Private sector lender Development Credit Bank (DCB) on Wednesday raised around Rs. 94 crore of tier-I capital through a qualified institutions placement (QIP). As of December 31, 2011, DCB Bank

first published: Mar 14, 2012 02:47 pm

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