Bandhan Mutual Fund increased its stake in DCB Bank Limited from 4.41% to 4.72%, raising its shareholding from 14,201,865 to 15,215,953 shares.
A private sector bank headquartered in Mumbai, DCB Bank provides comprehensive retail and corporate banking services across India. The bank offers a range of deposit products, personal and business loans, and investment solutions to individuals and corporate clients through its extensive branch network and digital platforms. Founded in 1995, DCB Bank emphasizes personalized banking services and maintains a significant presence in key markets nationwide.
Formerly IDFC Mutual Fund, rebranded after Bandhan Financial Holdings acquired IDFC's AMC in 2023. Manages over Rs 1.5 lakh crore. Known for strong debt and liquid funds, plus well-regarded equity offerings including the IDFC-lineage Sterling Value Fund and Focused Equity Fund. One of the cleaner transitions in Indian AMC ownership history.
