Development Credit Bank

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About the Bank

Development Credit Bank Ltd is one of India’s most preferred private sector banks. With over 80 well-equipped sub-divisions spread across twelve states of India, Development Credit Bank has been a major contributor in introducing many value added measures in Indian banking sector. The bank offers an exhaustive range of hi-tech products for clients in small and medium enterprise, trade and business banking market section in selected regions.

DCB has strong foundation in India since its inauguration in the year 1930. Aga Khan Fund for Economic Development (AKFED), endorser of DCB possesses over 23% rights in the company. AKFED is a global development group focuses to encouraging private enterprise and creating financially strong firms in the expanding markets. The group has co-sponsored HDFC in Indian banking market and now functions as a set-up of associates entailing 90 different project firms. Providing job prospects to more than 30,000 individuals, the firm has registered yearly incomes of USD1.4 billion. The group is active in more than 15 nations in the expanding economy.

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