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THE DELHI STATE COOPERATIVE BANK LIMITED

Jan 21, 2020 351

HISTORY:

Founded in the 1930s, Mumbai in a number of bank merger cooperatives with the Ismailia Co-operative Bank Limited and the Masalawala Co-operative Bank, respectively. These two banks were subsequently merged to form the Cooperative Development Bank, which became the Development Credit Bank after the Bank of India Reserve granted the banking license scheduled in May 1995.

Development Credit Bank Ltd Public in Initial Public Offering (IPO) in 2006. DCB Bank Limited is the Bank's new name, changed with regulatory approval in January 2014.