DCBBANK

MUMBAI, Nov 14 (Reuters) - India's DCB Bank DCBA.NS has accepted bids worth 4 billion rupees ($47.40 million) for Basel III-compliant Tier-II bonds maturing in 10 years, three bankers said on Thursday.

The private bank will pay an annual coupon of 9.20% and had invited bids from bankers and investors earlier in the day, they said.

The lender did not respond to a Reuters email seeking comment.

Here is the list of deals reported so far on Nov. 14:

*Size includes base plus greenshoe for some issues

($1 = 84.3860 Indian rupees)

(Reporting by Dharamraj Dhutia
Editing by Abinaya Vijayaraghavan)

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MUMBAI, Nov 13 (Reuters) - India's DCB Bank DCBA.NS plans to raise 4 billion rupees ($47.40 million), including a greenshoe option of 2 billion rupees, through sale of Basel III-compliant Tier-II bonds maturing in 10 years, three bankers said on Wednesday.

The private bank has invited bids from bankers and investors on Thursday, they said.

The lender did not respond to a Reuters email seeking comment.

Here is the list of deals reported so far on Nov. 13:

*Size includes base plus greenshoe for some issues

($1 = 84.3925 Indian rupees)

(Reporting by Dharamraj Dhutia; Editing by Mrigank Dhaniwala)

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** Shares of DCB Bank Ltd DCBA.NS jump as much as 9.8% to 120.99 rupees

** Private lender reports 22.6% y/y increase in Q2 profit; interest earned rises 20.1%

** Stock on track to snap 4-day losing run

** Nearly 6 mln shares traded as of 11:16 a.m. IST, 4.4x the 30-day moving avg

** Avg rating of 17 brokerages is "buy"; their median PT is 160 rupees - LSEG data

** DCBA last up 2.6%; cutting YTD losses to about 15%

(Reporting by Meenakshi Maidas in Bengaluru)

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Oct 24 (Reuters) - DCB Bank Ltd DCBA.NS:

• Q2 NET PROFIT 1.55 BILLION RUPEES

• Q2 GROSS NPA 3.29%

• Q2 INTEREST EARNED 15.68 BILLION RUPEES

• Q2 PROVISIONS AND CONTINGENCIES 456 MILLION RUPEES

• Q2 NET NPA 1.17%

Source text for Eikon: ID:nnAZN2I11OV

Further company coverage: DCBA.NS

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Oct 11 (Reuters) - DCB Bank Ltd DCBA.NS:

• TO MAKE ADDITIONAL INVESTMENT IN SHARES OF SAKSHAM GRAM CREDIT

• INVESTMENT FOR 13.1 MILLION RUPEES

Source text for Eikon: [ID:]

Further company coverage: DCBA.NS

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** Shares of DCB Bank DCBA.NS shed ~5% at 127 rupees

** Lender reports 3% Y/Y profit after tax growth; net NPA ratio of 1.18% from 1.19% prev qtr

** Even though loan growth was healthy, it is yet to translate into operating profit growth, says Kotak Institutional Equities

** Adds, DCBA's NIM "significantly lower" than peers

** Mean rating of 18 analysts is "buy"; median PT is 162.50 rupees - LSEG data

** Day's move swing stock to YTD decline after two straight annual gains

(Reporting by Kashish Tandon in Bengaluru)

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** DCB Bank DCBA.NS edges up 2% in heavy vol, following near-10% rally on Weds after lender's Q4 profit jumped

** ICICI Securities upgrades to "buy", expecting strong loan, deposits growth though FY26

** At least five brokerages hike PTs -LSEG data

** Kotak Institutional Securities says stock's lower return ratio is attractive given expected earnings' recovery will lead to higher trading multiples

** Analysts avg rating stays "buy", while avg PT rises to 157.45 rupees, from 154.40 rupees pre-earnings -LSEG

** Stock last at 139.20 rupees

** Trading vol ~13 mln vs Weds vol of ~18 mln -- most active days since Jan 1

** Weds' surge took DCBA into the black for 2024; stock now up 4.7% YTD, while Nifty bank index .NSEBANK is off 0.3%

(Reporting by Manvi Pant in Bengaluru)

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April 24 (Reuters) - DCB Bank Ltd DCBA.NS:

• DCB BANK Q4 NET PROFIT 1.56 BILLION RUPEES VERSUS 1.42 BILLION RUPEES

• DCB BANK Q4 GROSS NPA 3.23% VERSUS 3.43% PREV QUARTER

• DCB BANK Q4 INTEREST EARNED 14.45 BILLION RUPEES VERSUS 11.79 BILLION RUPEES

• DCB BANK Q4 PROVISIONS AND CONTINGENCIES 240.8 MILLION RUPEES VERSUS 524.8 MILLION RUPEES

• DCB BANK Q4 NET NPA 1.11% VERSUS 1.22% PREV QUARTER

• DCB BANK LTD- DIVIDEND 1.25 RUPEES PER SHARE

Source text for Eikon: [ID:]

Further company coverage: DCBA.NS

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April 16 (Reuters) - DCB Bank Ltd DCBA.NS:

• DCB BANK LTD - TO CONSIDER RAISING OF FUNDS

Source text for Eikon: ID:nBSE8KD7W5

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Feb 22 (Reuters) - DCB Bank Ltd DCBA.NS:

• CO JOINS HAND WITH DCB BANK FOR SEAMLESS ONLINE DISPUTE RESOLUTION

Source text for Eikon: ID:nNSE1JWCKx

Further company coverage: DCBA.NS

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** Shares of DCB Bank DCBA.NS close up 1.4% at 148.35 rupees, paring back gains of 2.4% earlier in the session

** DCBA on Tuesday said RBI allowed ICICI Prudential Asset Management and ICICI Ventures Fund Management to acquire aggregate holding of up to 9.95% of the bank

** Stock above 50-, 100- and 200-day moving averages since early-December 2023

** Avg rating of 20 analysts close to equivalent of "buy" with only one rating it the equivalent of "strong sell" - LSEG

** The median PT of 148 rupees is marginally below session's close

** Peers Karur Vysya Bank KARU.NS has "strong buy" rating, while IndusInd Bank INBK.NS and Bandhan Bank BANH.NS have "buy" - LSEG data

** DCBA stock rose 4.9% in 2023 while KARU, INBK and BANH rose 49.1%, 31.1% and 3.1% respectively

(Reporting by Ashish Chandra in Bengaluru)

(([email protected] (+91 7982114624))

Jan 2 (Reuters) - DCB Bank Ltd DCBA.NS:

• DCB BANK LTD- GOT RBI NOD FOR ICICI PRUDENTIAL ASSET MANAGEMENT, ICICI VENTURES TO ACQUIRE UP TO 9.95% IN CO

Source text for Eikon: ID:nBSEbMJ4Jw

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Dec 20 (Reuters) - DCB Bank Ltd DCBA.NS:

• DCB BANK AND EASY HOME FINANCE TIE UP FOR CO-LENDING ARRANGEMENT

Source text for Eikon: ID:nBSE1cqXlL

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Dec 8 (Reuters) - DCB Bank Ltd DCBA.NS:

• APPROVED ISSUE OF SHARES TO AGA KHAN FUND FOR ECONOMIC DEVELOPMENT S.A. WORTH UPTO 830 MILLION RUPEES

• ISSUE PRICE OF 137 RUPEES PER SUBSCRIPTION SHARE

Source text for Eikon: ID:nBSE37RSMC

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** Shares of DCB Bank DCBA.NS rise as much as 5.4% to highest since Oct. 23; last up 4.3%

** Lender on Monday said Aga Khan Fund for Economic Development, major shareholder, proposes to invest up to $10 mln for additional stake in co

** About 4.2 mln shares change hands, 3x 30-day avg in early trade

** DCBA shares down over 6% YTD vs 11% gains in Nifty private bank index .NIFPVTBNK

(Reporting by Sethuraman NR in Bengaluru)

(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))

Dec 4 (Reuters) - DCB Bank Ltd DCBA.NS:

• AGA KHAN FUND FOR ECONOMIC DEVELOPMENT, PROMOTER, HAS EXPRESSED ITS INTEREST TO INVEST UP TO $10 MILLION

• TO INVEST UP TO $10 MILLION BY SUBSCRIBING TO ADDITIONAL EQUITY SHARES OF BANK

• CO TO CONSIDER AND EVALUATE THE PROPOSAL

Source text for Eikon: ID:nBSEdVnmV

Further company coverage: DCBA.NS

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Oct 31 (Reuters) - DCB Bank Ltd DCBA.NS:

• SEPT-QUARTER NET PROFIT 1.27 BILLION RUPEES VERSUS 1.12 BILLION RUPEES

• SEPT-QUARTER GROSS NPA 3.36% VERSUS 3.26% PREV QUARTER

• SEPT-QUARTER INTEREST EARNED 13.06 BILLION RUPEES VERSUS 10 BILLION RUPEES

• SEPT-QUARTER PROVISIONS AND CONTINGENCIES 396.8 MILLION RUPEES VERSUS 310 MILLION RUPEES

• SEPT-QUARTER NET NPA 1.28% VERSUS 1.19% PREV QUARTER

Source text for Eikon: [ID:]

Further company coverage: DCBA.NS

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Sept 21 (Reuters) - DCB Bank Ltd DCBA.NS:

• DCB BANK LTD - RECEIVED INTIMATION FROM RBI ON SEPT 20 THAT IT ACCORDED ITS APPROVAL TO HDFC ASSET MANAGEMENT COMPANY TO ACQUIRE 9.5% OF THE PAID-UP SHARE CAPITAL OR VOTING RIGHTS OF THE BANK

Source text for Eikon: ID:nBSE36Gy66

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Aug 11 (Reuters) - DCB Bank Ltd DCBA.NS:

• APPROVED EQUITY INVESTMENT IN SAKSHAM GRAM CREDIT OF 39.9 MILLION RUPEES

Source text for Eikon: ID:nBSE1kSKpv

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July 28 (Reuters) - DCB Bank Ltd DCBA.NS:

• JUNE-QUARTER NET PROFIT 1.27 BILLION RUPEES VERSUS PROFIT 971.5 MILLION RUPEES

• JUNE-QUARTER INTEREST EARNED 12.38 BILLION RUPEES VERSUS 9.49 BILLION RUPEES

• JUNE-QUARTER PROVISIONS AND CONTINGENCIES 377.3 MILLION RUPEES VERSUS 350.1 MILLION RUPEES

• JUNE-QUARTER GROSS NPA 3.26% VERSUS 3.19% PREV QUARTER

• JUNE-QUARTER NET NPA 1.19% VERSUS 1.04% PREV QUARTER

Source text for Eikon: [ID:]

Further company coverage: DCBA.NS

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July 11 (Reuters) - DCB Bank Ltd DCBA.NS:

• MAX LIFE PARTNERS WITH CO TO OFFER A COMPREHENSIVE RANGE OF LIFE INSURANCE SOLUTIONS

Source text for Eikon: ID:nBSE2x2nC

Further company coverage: DCBA.NS

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** Shares of DCB Bank DCBA.NS rise as much as 8.3% to 132 rupees, their biggest intraday pct gain since Nov. 4, 2022

** Stock touches highest level since Jan 3

** Lender says Reserve Bank of India granted approval to Tata Asset Management to increase stake up to 7.5%

** Approval valid for one year from date of RBI letter

** More than 10 mln shares traded as of 12:13 p.m. IST, 9.2x 30-day moving avg

** Stock down 3.8% this year, up to last close

(Reporting by Navamya Ganesh Acharya in Bengaluru)

(([email protected]; +91 8805175330 ;))

** Shares of DCB Bank Ltd DCBA.NS rise as much as 6.9% to 113.50 rupees, their biggest pct gain since Nov. 4

** Lender reports 25.4% rise in Mar-qtr profit to 1.42 bln rupees ($17.4 mln)

** Interest earned rose 28.2%, while provisions and contingencies fell 22.4% YoY

** Gross bad loans as a pct of total loans eased to 3.19% from 3.62% in Q3

** Separately, co approved fund raise via debt, equity issue

** More than 2.1 mln shares traded as of 9:50 a.m. IST, 1.8x 30-day moving avg

** DCBA up 2.9% so far this qtr vs 16% decline in Jan-Mar qtr; down 13.5% YTD

($1 = 81.7100 Indian rupees)

(Reporting by Meenakshi Maidas in Bengaluru)

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May 5 (Reuters) - DCB Bank Ltd DCBA.NS:

• INDIA'S DCB BANK MARCH-QUARTER NET PROFIT 1.42 BILLION RUPEES VERSUS PROFIT 1.13 BILLION RUPEES

• DCB BANK MARCH-QUARTER INTEREST EARNED 11.79 BILLION RUPEES VERSUS 9.20 BILLION RUPEES

• DCB BANK MARCH-QUARTER PROVISIONS AND CONTINGENCIES 524.8 MILLION RUPEES VERSUS 676 MILLION RUPEES

• DCB BANK MARCH-QUARTER GROSS NPA 3.19% VERSUS 3.62% PREV QUARTER

• DCB BANK MARCH-QUARTER NET NPA 1.04% VERSUS 1.37% PREV QUARTER

• DIVIDEND 1.25 RUPEES PER SHARE

Further company coverage: DCBA.NS

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April 28 (Reuters) - DCB Bank Ltd DCBA.NS:

• TO CONSIDER RAISING OF FUND

• FUND RAISE VIA ISSUANCE OF SHARES OR OTHER SECURITIES CONVERTIBLE INTO SHARES

• TO CONSIDER FUND RAISE VIA BASEL III COMPLIANT TIER II BONDS BY WAY OF PRIVATE PLACEMENT

Source text for Eikon: ID:nBSE4K1DPg

Further company coverage: DCBA.NS

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