Development Credit Bank (DCB) inaugurated the newest branch today at Citi Park, Hiranandani Business Park, Powai, Mumbai. The branch was inaugurated by Mr Niranjan Hiranandani, Founder & MD Hiranandani Constructions Pvt. Ltd. and Mr Nasser Munjee, Chairman Development Credit Bank.

Some of the unique services/products promoted are Sunday Banking and DCB Elite Account, where a customer can flaunt a personalized account number. The service introduced for its elite customers with a quarterly balance of at least Rs 5 lakh-gives both savings and current account holders the option to pick their choice of last six digits in their account numbers. Read more here

About Development Credit Bank

DCB has deep roots in India since its inception in 1930’s. Its promoter and promoter group the Aga Khan Fund for Economic Development (AKFED) & Platinum Jubilee Investments Ltd. holds over 23% stake. AKFED is an international development enterprise. It is dedicated to promoting entrepreneurship andbuilding economically sound companies. It has around 150 companies and employs over 30,000 people with a turnover of approximately US$ 2 Bn. AKFED had co-promoted HDFC in India in the late 70’s.

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