Deccan Merchants Co-operative Bank

Deccan Merchants Co-operative Bank
The Deccan Merchants Co-operative Bank Ltd.
Type Private
Industry Banking
Founded Mumbai, India (1917)
Founder(s) Shri. Chintamanrao Samant
Headquarters Mumbai, India
Key people Shri. Kashinath D. More , Chairman
Shri. Shantilal T. Jain, Vice-Chairman
Products Financial Services
Employees 135
Website www.deccanbank.com

The Deccan Merchants Co-operative Bank Ltd. (DMC) is a small private co-operative bank in Mumbai, India.

It has its head office in Girgaum, Mumbai, and central office in Dadar, Mumbai. It has ten other branches across Mumbai and New Mumbai cities. DMC Bank is headed by a chairman and vice-chairman, with 17 other people managing its operations as the Board of Directors. As with other co-operative bank in India, its financial operations are regulated by the Reserve Bank of India.

Recently, DMC Bank has begun core banking to better serve its customers. It is also planning to open ATMs and provide Internet banking.

List of branches

In Mumbai:

  • Borivli
  • Byculla
  • Dadar
  • Dahisar
  • Ghatkopar (East)
  • Ghatkopar (West)
  • Girguam
  • Goregaon
  • Thane

In New Mumbai

External links


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