DCB Bank Regulatory Approval
RBI approved ICICI Prudential AMC to acquire up to 9.95% of DCB Bank's equity. The approval is conditional and lapses if not exercised within one year.
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RBI approved ICICI Prudential AMC to acquire up to 9.95% of DCB Bank's equity. The approval is conditional and lapses if not exercised within one year.
RBI approved Mr. Pushan Mahapatra as Non-Executive Part-time Chairman of DCB Bank. The appointment is effective June 12, 2026, until March 09, 2029.
DCB Bank received RBI approval to reappoint M/s Varma & Varma and appoint M/s Deloitte Haskins & Sells as Joint Statutory Auditors for FY 2026-27. Deloitte replaces M/s B S R & Co. LLP. The appointments are subject to shareholder approval at the upcoming Annual General Meeting.