DCB Bank Limited has received a credit rating reaffirmation from CRISIL Ratings Limited on January 21, 2026, with the agency maintaining its 'CRISIL AA-/Stable/CRISIL A1+' ratings across various instruments while enhancing the Certificate of Deposits programme limit from ₹1,500 crore to ₹2,000 crore. The ratings reflect the bank's healthy capitalization, established market position in the small and medium enterprise segment, and experienced management team.

Rating Reaffirmation Details

CRISIL has reaffirmed multiple ratings for DCB Bank's financial instruments:

Financial Performance and Capitalization

The bank demonstrates healthy capitalization metrics as of September 30, 2025. The Tier 1 Capital Adequacy Ratio stood at 14.00% while the overall CAR was 16.40%, compared to 14.30% and 16.80% respectively as of March 31, 2025. The bank reported tangible networth of ₹5,973 crore with networth coverage for net NPAs at 9.30 times.

Business Growth and Market Position

DCB Bank's net advances increased to ₹52,975 crore as of September 30, 2025, from ₹51,047 crore as of March 31, 2025, registering an annualized growth of 7.60%. The bank maintains its focus on the SME segment with mortgages constituting approximately 43% of advances and SME/MSME book accounting for 4% as of September 30, 2025.

The deposit base grew by 15.80% (annualized) to ₹64,777 crore as of September 30, 2025, from ₹60,031 crore as of March 31, 2025. However, the CASA ratio marginally declined to 23.50% from 24.50% during the same period. The retail deposits ratio remained healthy at approximately 71% as of September 30, 2025.

Asset Quality and Risk Management

The bank's asset quality metrics show improvement with Gross NPA ratio at 2.90% as of September 30, 2025, compared to 3.00% as of March 31, 2025. The mortgage book's GNPA ratio stood at 2.80% while the SME/MSME book's GNPA ratio was 7.00% as of September 30, 2025. The restructured portfolio constituted less than 3% of gross advances and is entirely out of the moratorium period.

Operational Challenges and Outlook

CRISIL noted certain challenges including average earnings profile with operating expenses at 2.50% of average total assets in the first half of fiscal 2026. The Net Interest Margin moderated to 3.00% in the first half of fiscal 2026, resulting in Return on Assets remaining range-bound at 0.90%. The agency maintains a stable outlook, believing DCB Bank's capitalization will remain adequate to meet business growth and manage asset-related risks.

The bank operates through a network of 468 branches as of September 30, 2025, and maintains strong liquidity with a Liquidity Coverage Ratio of 123.22%. AKFED and its Indian associate, Platinum Jubilee Investments, remain the largest shareholders with a combined stake of 14.66% as of September 30, 2025.

DCB Bank Limited has announced that its Board of Directors will meet on January 23, 2026, to review and approve the bank's quarterly financial performance. Following the board meeting, the bank will host an earnings call with analysts and investors to discuss the unaudited financial results for the third quarter and nine months ended December 31, 2025.

Board Meeting and Earnings Call Schedule

The board meeting notification was formally communicated to stock exchanges on January 14, 2026, followed by an earnings call announcement on January 19, 2026. The earnings call is scheduled for 18:30 hours IST on the same day as the board meeting, ensuring timely communication of financial results to stakeholders.

Conference Call Access Information

The bank has provided comprehensive dial-in details for participants to join the earnings call. Multiple access options have been arranged to accommodate both domestic and international participants.

Corporate Communication and Documentation

The official communications were issued by Company Secretary and Compliance Officer Rubi Chaturvedi, with digital signatures on both January 14 and January 19, 2026. The announcements were simultaneously sent to BSE Limited and National Stock Exchange of India Limited, ensuring comprehensive market disclosure.

The bank has confirmed that audio recordings and transcripts of the conference call will be made available on the bank's website at www.dcbbank.com following the earnings discussion. This initiative ensures broader accessibility for stakeholders who may not be able to participate in the live call.

Regulatory Framework and Market Disclosure

The earnings call announcement falls under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, complementing the earlier board meeting notification under Regulation 29. This dual communication approach demonstrates the bank's commitment to transparent and timely market disclosure practices.