Decision was taken by the Capital Raising Committee of the board of the bank at a meeting held on Saturday
The stock up 8% to Rs 131 after the bank reported 31% YoY jump in net profit at Rs 48.9 crore in September quarter.
The bank had recorded a net profit of Rs 36.9 crore in the corresponding quarter of last fiscal, DCB Bank said in a filing to BSE
The flat growth was on account of the one-time treasury gain of Rs 10 cr during the quarter
'Cardless and PIN less' ATM was launched by the former Chairman of UIDAI, Nandan Nilekani
Four branches in Chhattisgarh will take total to 13; MP to get nine more branches to take total to 25
Bank to continue focus on lending to retail and SME; with a CAR of 14.11%, it does not need fresh capital till Sept 2017
RBI had asked banks to price fixed rate loans of up to three years based on marginal cost of funds from April 1
Net interest income for the fourth quarter surged 30% to Rs 169 crore while Gross NPA dipped to 1.51%
Total income of the company grew 19.86% to Rs 509.56 crore, from Rs 425.12 crore a year ago
Users can key-in 12-digit Aadhaar number, but when confirming identity, it requires biometric details rather than PIN