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DCB Bank Limited ( (IN:DCBBANK) ) has provided an update.
DCB Bank Limited has announced an amendment to its Articles of Association, specifically altering Article 140B concerning the special position of the Whole Time Director. The amendment, approved by the Board of Directors, allows for the possibility of the Whole Time Director being subject to retirement by rotation, pending approval from the Reserve Bank of India and the bank’s shareholders. This change could impact the governance structure of the bank, potentially affecting the roles and responsibilities of its executive leadership.
More about DCB Bank Limited
DCB Bank Limited operates in the banking industry, providing a range of financial services. The bank is headquartered in Mumbai, India, and is known for its focus on retail, small and medium enterprises, and corporate banking services.
Average Trading Volume: 72,217
Technical Sentiment Signal: Buy
Current Market Cap: 40.97B INR
See more insights into DCBBANK stock on TipRanks’ Stock Analysis page.