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DCB Banks opens 400th branch to offer loans to MSMEs and small traders at Delhi’s Azadpur Mandi

Updated: Apr 06, 2022 07:28:25am
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DCB Banks opens 400th branch to offer loans to MSMEs and small traders at Delhi’s Azadpur Mandi

New Delhi, April 6 (KNN) DCB Bank has launched its 400th branch in North Delhi’s Azadpur Mandi to provide credit to MSMEs, small businesses and small traders of the marketplace.

With this new addition, the bank has total 21 branches in Delhi NCR as it intends to strengthens its strategy of focusing on MSMEs and SMEs.

Rupa Devi Singh, Chairperson of DCB Bank inaugurated the branch and called the financial inclusion initiatives for small traders as the integral part of the branch.

" The Bank has steadily grown its footprint across India including Delhi National Capital Region. We have been serving the needs of MSMEs/ SMEs and small businesses, and Delhi NCR presents an opportunity to grow the Bank's assets and liabilities franchise,” she added.

Singh assured that the customers at Azadpur Mandi branch will be provided with superior banking convenience coupled with digital solutions.

Among other things the bank will offer secured loans, Current Account, Savings Account, Gold Loans and Working Capital facilities.

Present at the occasion Murali M Natrajan, MD & CEO of the bank said that it aims to set up 25 to 35 new branches in the next 12 to 18 months with continues expansion plan in Delhi NCR. (KNN Bureau)

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