#1Ref. No.CO:CS:RC:2023-24:279 BSE Limited, PJ Towers, Dalal Street, Fort, Mumbai 400 023. - DCB BANK January 24, 2024 National Stock Exchange of India Limited, Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai - 400 051. BSE Scrip Code No.: 532772 NSE SYMBOL: DCBBANK Dear Sirs, Sub: Investor Presentation-Q3FY24 Please find attached herewith the Investor Presentation which will be referred during the earnings call with analysts and investors for the financial results of the Bank for the third quarter and nine months ended December 31, 2023. The said presentation is being uploaded on the website of the Bank and can be accessed at www.dcbbank.com This is for your information and records. Thanking you, Yours faithfully, For DCB Bank Limited Rubi Digitally signed by Rubi Chaturvedi Date: 2024.01.24 Chaturvedi 16:32:23+05'30' Rubi Chaturvedi Company Secretary & Compliance Officer Encl: As above. DCB Bank Limited Corporate & Registered Office: 6th Floor, Tower A, Peninsula Business Park, Senapati Bapat Marg, Lower Parel, Mumbai - 400013 CIN: L99999MH1995PLC089008 Tel: +91 22 66187000 Fax: +91 22 66589970 Website: www.dcbbank.com#2DCB BANK DCB Bank Limited Investor Presentation - Q3FY24 a کا#3Safe Harbour DCB BANK This presentation and the accompanying slides (the "Presentation"), which have been prepared by DCB Bank Limited (the "Company"), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment whatsoever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company. This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded. Certain matters discussed in this Presentation may contain statements regarding the Company's market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of various international markets, the performance of the industry in India and world-wide, competition, the company's ability to successfully implement its strategy, the Company's future levels of growth and expansion, technological implementation, changes and advancements, changes in revenue, income or cash flows, the Company's market preferences and its exposure to market risks, as well as other risks. The Company's actual results, levels of activity, performance or achievements could differ materially and adversely from results expressed in or implied by this Presentation. The Company assumes no obligation to update any forward-looking information contained in this Presentation. Any forward-looking statements and projections made by third parties included in this Presentation are not adopted by the Company and the Company is not responsible for such third-party statements and projections. 2#4Q3FY24 Highlights Credit cost: 0.28% Strong capital adequacy ratio: 15.72% Continued granular loan book (86% at INR 3 crore below) Top 20 deposits: 6.75% Gross NPA: 3.43% and Net NPA: 1.22% Savings Account growth: 14.85% Y-o-Y Steady improvement in core fee income: INR 98 crores Q3FY24 Performance Highlights Total business has crossed INR 85,000 crores L DCB BANK Steady investments in front line + branch infrastructure: 440 Branches, one branch added in Q3FY24 ලිණු Advances growth: +18.16% Y-0-Y Deposits growth: +19.27% Y-o-Y Slightly higher slippages in Mortgages, improving recoveries and upgrades Provision Coverage Ratio: 76.42% CASA Ratio at 26.13% 3#5Performance Highlights - Q3FY24 INR 59,804 crores ( +19.93% Y-o-Y) Balance Sheet Size INR 127 crores ( +11.18% Y-0-Y) Profit After Tax 26.13% (Q3FY23: 27.62%) $ CASA Ratio Advances growth compared with Q3FY23: Mortgages +25% Y-o-Y DCB BANK INR 38,951 crores (+18.16% Y-o-Y) Advances INR 47,120 crores (+19.27% Y-o-Y) Deposits 3.43% (Q3FY23: 3.62%) Gross NPA 1.22% (Q3FY23: 1.37%) Net NPA 15.72% (Q3FY23: 16.26%) Capital Adequacy Ratio Co-lending +60% Y-0-Y Construction Finance +31% Y-o-Y 76.42% (Q3FY23: 74.68%) Provision Coverage Ratio AIB +28% Y-o-Y#6Performance Highlights - FY2023 INR 52,366 crores (+16.91% Y-0-Y) Balance Sheet Size INR 466 crores (+61.93% Y-0-Y) Profit After Tax 26.42% (FY22: 26.75%) CASA Ratio $ Mortgages +26% Y-o-Y Co-lending +31% Y-o-Y DCB BANK INR 34,378 crores (+18.15% Y-o-Y) Advances* INR 41,239 crores (+18.87% Y-o-Y) Deposits 3.19% (FY22: 4.32%) Gross NPA 1.04% (FY22: 1.97%) Net NPA 17.55% (FY22: 18.92%) Capital Adequacy Ratio 79.34% (FY22: 67.84%) Provision Coverage Ratio Construction Finance +47% Y-0-Y AIB +30% Y-o-Y 5#71000 1001 00111100 100 110 10 1000 1100 1 111 100 100 101880000000 140009 110 10 111100110 10 1000 1100 111011110011 11107 POD 1011111100100 10 100 DOFFED OKEE OF COLOPLOO 00 01111100 10 1900 113 7 00 O 8000000000 000A BAN D 01111110 1001111000 10 100 100 201111107 200111 0000 16.0/100 10011 710 10 10 10 1111001 About Us DCB BANK 000000 1.10.10 10 100 100 1100 1100 00000000001111110100 10000000 1001110 10 1100 1111000 1111000 11100 1010 10 100 100 111100 11 100 11 10 10 100 110 10 1000 1100 11#8About Us • • New generation private sector bank 440 branches across 20 States and 2 Union Territories Mortgage, MSME/SME, Agri and Gold Loan focus • Granular secured small ticket lending • Diversified portfolio (Deposits and Advances) • Proven capital efficient business model Stable & skilled management team • Expanding branch network • • Accelerating digital agenda Efficient capital consumption & strong Capital Adequacy Background Attributes Company Vision DCB BANK • DCB BANK To be the most innovative and responsive neighborhood bank in India serving entrepreneurs, individuals, and businesses Promoter & Shareholding Promoted by the Aga Khan Fund for Economic Development (AKFED) & Platinum Jubilee Investments Limited (holds 14.80%) Institutions (including FII + FPI) 47.24% (non promotor shareholding above 1% is 33.23%) 7#9MSME/SME Opportunity MSMEs play a pivotal role in the economic and social development of the country + Robust Indian economy, MSMEs target market size and DCB Bank's knowledge, experience, capability, products and increasing branch footprint has the potential to create a large and meaningful Balance Sheet size above one lakh crores in the foreseeable future DCB BANK Number of working enterprises – 64 million, Employment – 111 million - 嗣 Source - Annual Report 2020-21, Government of India, Ministry of Micro Small and Medium Enterprises Urban 49%, Rural – 51% - Manufacturing- 31%, Trade - 36%, Other services - 33% Sole proprietor - 96% A 00 MSME contributes 30% to GDP and 48% to merchandise exports 79% of Indian workforce in self-employed* *DNA Survey June 2013 80#10Business Strategy DCB BANK 01 Target self-employed, MSME/SME, Retail segment 02 Create a diversified, secured and granular portfolio 03 13 Limit Corporate, unsecured and lumpy exposures Focus on retail Mortgages*, 04 70 MSME/SME, Tractor Finance, KCC, Gold Loans, Construction Finance, TReDS and Co-lending 95 05 Rely mainly on Retail Deposits (CASA, Term Deposits). Limit dependency on bulk deposits. Use long term refinance options (SIDBI, NABARD and NHB) 06 90 Target Tier 2 to Tier 6 locations 07 Continuously strengthen credit (underwriting, collections, recoveries, portfolio monitoring and analytics) 08 Invest continuously in digital agenda to improve frontline and customer experience 09 90 Generate steady granular Fee Income through bancassurance, mutual funds, trade, remittances, foreign exchange and cash management 10 10 Continuously improve Liquidity management, Cost productivity, Operational Risks and HR processes Form strategic alliances to enhance products, segments and distribution *Includes Home Loan & LAP 11 12 Partner with select "start-up" companies to participate in 'new age' technologies 9#11Wide Range of Products 目 Deposit Products Cards Retail and Agri & Inclusive Banking PAY Payments % Advances - Focus on Secured Lending • • • Current and Savings (CASA) NRI Deposits Recurring Deposits • Fixed Deposits *Offered to existing customers • • ATM Card Debit Card TravelSmart Card DCB BANK Third Party Distribution • Life Insurance Home Loan • Kisan Credit Card • General Insurance • • Bill Utility Payments Remittances IMPS, RTGS, NEFT, UPI Loan Against Property • Gold Loan • Health Insurance (LAP) • Tractor Loan • Mutual Funds Auto Loan* • Retail Microfinance • Tax Payments Co-Lending • Term Loan to MFIs • POS Terminals • Commercial Vehicle* • ODTD Construction Equipment* • School Finance • Construction Finance • Dealer Trade Advance • Other Services Locker Facility Cash Management Services ASBA Online SME, Corporate Banking, NBFCs, Co-operative Banks Corporate Banking • Current Account . Trade Current Account • • Foreign Exchange • Guarantees • Term Loan Import/Export • Bills Collection • Letters of Credit • Invoice Discounting • Supply Chain Capital Management • Working Capital Cash Management 10#12Outlook & Way Forward The Story so Far Capital Efficient Business Model- Potential to deliver healthy ROA/ROE over time DCB BANK Balance Sheet (Deposits + Advances) ■ Balance Sheet as at 31-Dec-23: INR 59,804 crores ■ Advances of INR 38,951 crores with a focused approach towards secured small ticket lending Margins ■ Diversified portfolio with focus on robust yields resulting in healthy/ steady NIMS ■NIM of 3.48% for Q3FY24 Asset Quality & Credit Costs Cost to Average Assets / Cost to Income Ratio Key Ratios ■ Gross NPA at 3.43% and Net NPA at 1.22% ■ Cost to Average Assets at 2.63% for Q3FY24 B Provision Coverage Ratio at 76.42% ■ Return on Assets at 0.86% for Q3FY24 ■ Cost to Income at 64.61% for Q3FY24 ■ Return on Equity at 11.30% for Q3FY24 Credit cost at 0.28% for Q3FY24 Headcount at 10,539 and branch network at 440 ■ Aim to double the Balance Sheet size every three to four years ▪ Mortgages (Home Loan + LAP), MSME/SME, Gold Loan, Co-lending, AIB, Construction Finance expected to lead the growth Business Model NIMS 365 bps to 375 bps ■ Improving CASA, diversified Advances portfolio, achieving Agri PSL and containing NPAs Target GNPA below 2.50% and NNPA of 1.00%. ■ Business Model Credit costs of 45 bps to 55 bps to Average Assets ▪ Target margin of safety (Operating Profit/Provisions of 3 to 4 times) Target Cost to Income Ratio of 55% or below in near term Target Cost to Average Assets of 2.40% to 2.50% Return on Assets (ROA) ■ Target 1% or above in near term Return on Equity (ROE) ■ Target closer to 14% in near term 11#13DCB BANK Customer Service and Digital Initiatives#14Well Penetrated Distribution Network Head count 10,024 10,539 9,579 Jun-23 Sep-23 Dec-23 Region wise Branches (%) 25% ATMs 416 414 409 Jun-23 Sep-23 Dec-23 DCB BANK 436 Branches 440 439 Jun-23 Sep-23 Dec-23 State wise Branches (%) 18% 18% 16% 29% 4% 5% 5% 5% 5% 8% 28% 6% 8% ■ Metro ■ Urban ■Semi Urban ■ Rural ■Maharashtra ■ Odisha ■ Gujarat Note: Map not to scale. All data, information, and maps are provided "as is" without warranty or any representation of accuracy, timeliness or completeness 12% 8% ■ Telangana ■ Madhya Pradesh Karnataka ■ Andhra Pradesh ■ Delhi ■ Rajasthan ■ Uttar Pradesh ■ Haryana ■ Others 13#15• Digital Engagement / Technology Innovation Mobile Applications • • • . Mobile Banking for multilingual Retail customers with Interest certificate & Positive Pay feature enabled Gold Loan customers, FATCA declaration, FD nominee registration via DCB Mobile Banking Zippi paperless and digital onboarding journey for new - customers WhatsApp Banking SMS Banking and Missed Call services 1 • Alliances • Bank is digitally acquiring NTB customers in partnership with Niyo. Co-lending- Bank has 10 active partners. Bank is now integrated with the GOI Income Tax Portal (TIN 2.0) i.e., DCB is now a designated Agency bank to collect Income Tax and other Direct Taxes on behalf of the Central Board of Direct Taxes (CBDT) Customer Friendly Onboarding Process 3 DO DCB BANK 2 4 Technology Adoption • • • • • • • • • Blockchain - adopted 'Blockchain' for use cases such as multi authentication for ATM management AR/VR banking - AR implementation for use cases as branch locator API Banking - 200+ services in API sandbox Social Command Center - for customer servicing and marketing Web Applications Internet Banking for both Retail and Corporate customers - functionality across deposit products, payment services and others NEFT/RTGS 24*7 is available via Internet Banking DCB Remit-flagship product for foreign exchange remittance DCB EazyBee - reimagined and simplified user journey for Mutual Fund investments NRI Online platform - NRI customer onboarding platform Customer Investment Declaration Form My Documents - user-friendly portal for documents related to customers New Intranet portal with user friendly experience IMPS transactions are enabled for NRI Customers. Customers can perform transaction from Mobile Banking, Internet banking or DCB Bank Branch New Mode of payment i.e. ENACH enabled in Gradatim for gold loan customers. • WWW . Paperless onboarding process with e-KYC/ Video KYC • Fully digitized end to end customer onboarding product (CUBE). 5 • Self Service Kiosks at branches with new feature of dormant account activation Video based personal discussion CIDF (Customer Investment Declaration Form) acceptance taken from customer Customer intimation on amendment processing 14#16DCB BANK Leading to Enhanced Digital Footprint Digital Transactions (% of Total Transactions) Personal Internet Banking Transactions (In Lakhs) 94% 94% 95% 96% 96% 2.5 2.4 2.3 2.3 2.3 Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24 UPI Transactions (In Lakhs) 137.5 118.4 104.6 93.8 84.4 Mobile Banking Transactions (In Lakhs) 10.5 10.4 10.2 10.6 11.2 Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24 15#17DCB BANK Board & Management#18Eminent Board of Directors DCB BANK Amyn Jassani Independent Director A Fellow Member of the Institute of Chartered Accountants with more than 30 years of experience, mainly with the big four accounting firms. He is also a Fellow member of the Institute of Company Secretaries of India and has passed the Certified Information System Auditor's (CISA) and Social Auditor's Certification examinations. Farokh Subedar Independent Director and Chairman A Member of the Institute of Chartered Accountants of India and the Institute of Company Secretaries of India. He has vast experience in the areas of business management, finance, taxation, law, risk management and accounts. He has been also functioned as the Chief Financial Officer and Company Secretary of Tata Sons. Iqbal Khan Non-Independent Director A Senior Partner at Shardul Amarchand Mangaldas & Co. and member of the Private Equity and Mergers and Acquisitions Practice Group. He completed his J.D. from Columbia Law School, & LL.B. from London School of Economics and Political Science. Lakshmy Chandrasekaran Independent Director A Member of the Institute of Chartered Accountant having 35 years of experience in the field of Accountancy, Finance, Taxation, and Risk Management. She is a Senior Partner of M/S.P.CHANDRASEKAR LLP, Chartered Accountants, Murali M Natrajan Managing Director & CEO A Fellow Member of the Institute of Chartered Accountant, he is the Managing Director & Chief Executive Officer of the Bank since April 2009 and has 38 years global experience in financial services in Standard Chartered Bank, Citibank and American Express. Rafiq Somani Independent Director A Master in Marketing Management with 33 years of experience in the field of Information Technology. He is currently working as the Area Vice President at ANSYS Inc. Shabbir Merchant Independent Director A Masters in Personnel Management with more than 32 years of experience. He is the founder of Valulead Consulting, a leadership consulting firm. Somasundaram PR Independent Director A Member of the Institute of Chartered Accountants of India and Cost Accountant with over 31 years' experience across various Unilever Group companies in India and abroad, Standard Chartered Bank and others. Currently he is the Regional CEO- India of World Gold Council in India. Tarun Balram Independent Director A senior banker with almost 30 years of experience with HSBC in the Corporate and Institutional banking domain. He worked in various capacities including Managing Director and Head India - Corporate & Institutional Banking, covering HSBC's Corporate & Financial Sector Clients (local and multi-national). Thiyagarajan Kumar Independent Director A business leader with over 37 years of experience with Hindustan Lever/ Unilever & the Times Group, in the finance, commercial, governance, audit/ assurance functions. 17#19Experienced Team of Professionals • • • Abhijeet Roy Designation: Head - Admin Projects Properties & Procurement Years of Experience: 25+ Bappa Roy Designation: Head - Product Deposits, TPD & Gold Loan Years of Experience: 32+ Krishna Ramasankaran Designation: Head Credit - Retail & SME Years of Experience: 28+ • • Abhijit Bose Designation: Chief Credit Officer • • Years of Experience: 33+ Damodar Agarwal Designation: Head - Strategic Initiatives & Alternate Channels Years of Experience: 28+ Manoj Joshi Designation: Chief Compliance Officer and Chief Internal Vigilance Years of Experience: 29+ Narendranath Mishra Designation: Head - Retail & Agri Loans Years of Experience: 24+ N C Kaushal Designation: Head - Digital Banking Years of Experience: 32+ • • Ajay Mathur Designation: Head - Collections & Commercial Vehicles Years of Experience: 31+ Gaurav Mehta Designation: Head - Marketing, PR, Corporate Communication, CSR Years of Experience: 29+ Murali M. Natrajan* Designation: MD & CEO • • • • Years of Experience: 40+ • Praveen Kutty* Designation: Head - Retail Banking & AIB Banking • Years of Experience: 33+ • DCB BANK Ajit Kumar Singh Designation: Head - Treasury, FIG Business & Investor Relations Years of Experience: 31+ Ashu Sawhney Designation: Head - Human Resources Years of Experience: 31+ J. K Vishwanath Designation: Head- - Corporate, Construction Finance & SME Banking Years of Experience: 30+ Meghana Rao Designation: Head - Branch Operations and Operations Years of Experience: 23+ Pankaj Sood Designation: Head - Retail & Emerging Branch Banking Years of Experience: 27+ . • • Kamala Kant Pandey Designation: Head -. Acquisitions Loans, Deposits & Gold Loan Years of Experience: 29+ Murali Rao Designation: Chief Technology Officer Years of Experience: 23+ R. Venkattesh Designation: Head - Operations, Information Technology, Human Resource & CIO Years of Experience: 33+ Ravi Kumar Designation: Chief Financial Officer Years of Experience: 28+ Rubi Chaturvedi Designation: Company Secretary Years of Experience: 17+ Sridhar Seshadri Designation: Chief Risk Officer Years of Experience: 40+ TP Anuradha Designation: Chief Internal Auditor Years of Experience: 24+ . Vikash Agarwal Designation: Head - Marketing Services Years of Experience: 25+ *Term of Mr. Murali M. Natrajan ends on April 28, 2024 and RBI vide its letter dated January 16, 2024, has conveyed its approval for appointment of Mr. Praveen Kutty as Managing Director & CEO (MD & CEO) of the Bank for a period of three years with effect from April 29, 2024. 18#2000:01:130 UPDATES T (32.21%) Business Update DCB BANK#21Update on Advances 32,966 Advances (INR crores) 34,378 35,474 37,276 38,951 7.8% Product Mix (As on 31-Dec-23) 0.6% 6.0% 8.6% 3.1% 5.0% 45.0% Agri & Inclusive Banking (AIB) ■ Corporate banking ■Commerical Vehicle Mortgages ■ Gold Loan ■SME + MSME ■ Others ■ Co-lending Dec-22 Mar-23 Jun-23 Sep-23 Dec-23 DCB BANK 2.7% 0.4% 1.9% 3.9% 3.7% 23.9% 3.3% 8.0% ■Mortgages Kissan Credit Card ■Gold Loan Tractors ■MFI+BC ■SME + MSME ■ Others 20 20#22Agri & Inclusive Banking (AIB) - A Bank Within a Bank Mortgages MFI+BC ■ Others Product Mix 11% 2% 8% 16% 14% 15% Headcount DCB BANK Branches 199 1,865 1,929 2,038 198 196 Jun-23 Sep-23 Dec-23 Jun-23 Sep-23 Dec-23 34% Region wise Branches State wise Branches 2% ■ Tractors ■ Kissan Credit Card ■ Gold Loan ■ SME + MSME 40% 13% 26% 18% 5% 5% 6% 7% 15% 11% 12% 40% ■ Odisha Madhya Pradesh ■ Telangana ■ Chhattisgarh ■ Metro ■ Urban ■ Semi Urban ■Rural ■ Gujarat ■ Karnataka ■ Maharashtra ■ Andhra Prades ■ Others 21#23Disbursements Product wise Disbursement Trends (INR crores) 5,073 290 4,598 4,557 376 276 4,237 4,307 281 301 232 259 366 341 1,364 423 1,036 1,126 954 1,142 540 622 892 791 744 838 968 384 426 327 1,665 1,395 1,453 1,466 1,494 DCB BANK Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Mortgages SME + MSME ■Corporate banking AIB ■Gold Loan ■Construction Finance (including TreDs) 22 22#24Deposit Profile Deposits (INR crores) 47,120 CASA Mix (%) 34,809 73.1% 70.6% 70.0% 77.0% 80.6% 83.1% 41,239 30,370 29,704 34,692 28,435 اس 21,625 23,851 22,917 25,411 30,343 6,810 6,519 6,787 9,281 10,896 12,311 26.9% 29.4% 30.0% 23.0% 19.4% 16.9% DCB BANK Term Deposits Mix (%) 11.2% 13.4% 13.5% 13.2% 17.0% 20.1% 10.4% 8.8% 7.8% 7.7% 11.0% 8.2% 78.4% 77.8% 78.7% 79.1% 71.7% 72.0% Mar-19 Mar-20 Mar-21 Mar-22 Mar-23 Dec-23 Mar-19 Mar-20 Mar-21 CASA ■Term Deposits Mar-22 Mar-23 Dec-23 CA SA Mar-19 Mar-20 Mar-21 Mar-22 Mar-23 Dec-23 Resident TD Non-Resident TD Inter Bank Term Deposits Top 20 deposits contribute 6.75% of Total Deposits 23 23#25Funding Mix Funding Mix (INR crores) 0.6% 1.0% 1.4% 2.3% 2.0% Instruments 8.2% 8.1% 8.5% 7.9% 8.2% Credit Rating DCB BANK CRISIL Long Term - Subordinated Debt AA-/Stable 66.0% 66.9% 66.7% 67.3% 66.3% Certificates of Deposits A1+ 25.2% 24.0% 23.4% 22.5% 23.5% Short-Term Fixed Deposits A1+ Dec-22 Mar-23 Jun-23 ■CASA TD ■Refinance Sep-23 Dec-23 ■Subordinate Debt & Others 24 24#263.62% 74.68% 79.34% 77.07% 3.19% 3.26% 3.36% 75.49% 3.43% 76.42% Asset Quality DCB BANK 1.37% 1.28% 1.19% 1.22% 1.04% Dec-22 Mar-23 Jun-23 Sep-23 Dec-23 GNPA NNPA Provision Coverage Ratio Gross NPA Movement Dec-22 Mar-23 Jun-23 Sep-23 Dec-23 (INR Crores) Product wise Gross NPA (INR Crores) Dec-22 Mar-23 Jun-23 Sep-23 Dec-23 Opening Balance (A) 1,249 1,223 1,123 1,181 1,281 Mortgages 290 270 316 361 420 (+) Fresh Slippages 401 267 340 393 426 SME+MSME 147 130 138 154 165 (+) Addition to Existing NPAs 2 2 2 2 2 Sub-Total (B) 403 269 342 395 428 Corporate 215 199 221 228 228 (-) Recoveries 155 142 104 104 120 AIB 290 274 294 300 324 (-) Upgrades 220 164 107 185 219 Gold Loans* 29 19 24 42 32 Sub-Total (C) 375 306 211 289 339 (-) Write Offs / Sacrifice (D) 54 63 73 6 2 Commercial Vehicle 208 179 152 155 157 Closing Balance (A+B-C-D) 1,223 1,123 1,181 1,281 1,368 Others 44 52 36 41 42 Fresh Slippage Ratio 5.20% 3.28% 3.99% 4.48% Recoveries & Upgrades to Slippages 93% 114% 62% 73% 4.63% 79% Total 1,223 1,123 1,181 1,281 1,368 *Includes Co-Lending 25 25#27Restructured Advances (INR crores) Jun-2023 Sep-2023 DCB BANK Dec-2023 Restructured Provision Net outstanding Restructured Provision Net outstanding Restructured Provision Net outstanding Standard 1,618 209 1,409 1,461 194 1,267 1,337 178 1,159 NPA 361 176 185 394 196 198 426 239 187 Total 1,979 385 1,594 1,855 390 1,465 1,763 417 1,346 26 26#28Collection Efficiency Portfolio Collection Efficiency (%) - Bucket 0 DCB BANK Dec-22 Mar-23 Jun-23 Sep-23 Oct-23 Nov-23 Dec-23 Business Loans (LAP) 98.6% 98.8% 98.4% 98.6% 98.5% 98.5% 98.8% Home Loans CV Loans Portfolio 98.9% 98.7% 98.6% 98.7% 98.8% 98.9% 98.9% 94.8% 96.0% 93.0% 94.0% 94.3% 94.0% 95.7% Collection Efficiency Overall (Including delinquent and restructured book) % Dec-22 Mar-23 Jun-23 Sep-23 Oct-23 Nov-23 Dec-23 Business Loans (LAP) 97.3% 97.9% 97.2% 97.3% 97.0% 96.9% 97.4% Home Loans CV Loans 98.3% 97.7% 97.5% 97.6% 97.7% 97.7% 97.7% 92.4% 93.6% 88.6% 90.6% 90.6% 89.6% 91.6% 27 22#29Key Credit Metrics Gross NPA (%) 3.36% 3.26% 3.43% 1.19% Net NPA (%) Slippages (%) 1.28% DCB BANK Slippages (excl. Gold Loan) (%) 4.63% 4.48% 3.13% 2.69% 2.55% 3.99% 1.22% Jun-23 Sep-23 Dec-23 Jun-23 Sep-23 Dec-23 Jun-23 Sep-23 Dec-23 Jun-23 Sep-23 Dec-23 PCR PCR PCR (Incl. Technical write-off) (excl. Technical write-off) (excl. Gold Loans) 77.07% 77.74% 76.42% 75.49% 65.13% 64.12% 62.82% 76.63% Standard restructured Advances (%)* 4.56% 3.97% 3.92% 77.27% 3.40% 3.43% 2.98% Jun-23 Sep-23 Dec-23 Jun-23 Sep-23 Dec-23 Jun-23 Sep-23 Dec-23 Jun-23 Sep-23 Dec-23 ■Gross Net *Calculated as a percentage of net advances 28#30Provisions - Balance Sheet (INR crores) Performing Advances (A) Provisions excluding NPA Provision (B) Provisions – Balance Sheet - DCB BANK Jun-2023 Sep-2023 Dec-2023 35,080 36,827 38,499 532 515 467 Provision as a percentage of Performing Advances (B/A) 1.52% 1.40% 1.21% 29 29#31Key Ratios (Q-o-Q) Yield on Advances (%) 10.99% 11.67% 11.55% 11.56% 11.44% Cost of Funds 7.02% 6.85% 6.70% 6.41% 6.05% Cost of Deposits DCB BANK Net Interest Margins 6.95% 4.18% 6.77% 4.02% 6.61% 3.83% 6.33% 3.69% 5.98% 3.48% Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Cost to Average Assets Cost to Income Ratio Return on Assets Return on Equity 1.10% 2.87% 13.74% 2.83% 64.15% 63.88% 63.89% 64.61% 0.94% 0.94% 0.90% 2.73% 0.86% 11.34% 11.81% 11.57% 11.30% 2.65% 59.90% 2.63% Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24 30#32Key Ratios (Y-o-Y) DCB BANK Yield on Advances (%) Cost of Funds Cost of Deposits Net Interest Margins 11.06% 11.05% 6.62% 3.93% 10.71% 6.49% 3.59% 3.56% 6.16% 6.11% 6.05% 6.03% FY21 FY22 FY23 FY21 FY22 FY23 FY21 FY22 FY23 FY21 FY22 FY23 Cost to Average Assets Cost to Income Ratio Return on Assets Return on Equity 2.80% 63.00% 2.45% 2.19% 55.96% 0.97% 11.70% 48.87% 0.87% 9.99% 0.70% 7.92% FY21 FY22 FY23 FY21 FY22 FY23 FY21 FY22 FY23 FY21 FY22 FY23 31#33Capital Adequacy Ratio Capital Adequacy Ratio (%) Risk Weighted Assets (INR crores) DCB BANK 31,366 17.55% 30,108 17.09% 16.55% 29,088 16.26% 2.37% 15.72%* 28,221 2.31% 1.79% 2.27% 26,860 2.03% Dec-22 Mar-23 Jun-23 Sep-23 Risk Weighted Assets / Total Assets (%) Dec-23 15.18% 14.47% 14.78% 14.28% 13.69% 53.86% 53.89% 52.91% 52.45% 52.17% Dec-22 Mar-23 Jun-23 Sep-23 Dec-23 Dec-22 Mar-23 Jun-23 Sep-23 Dec-23 ■Tier Tier II *The impact of RBI circular dated November 16, 2023 was 23 basis points on capital adequacy ratio as of Dec 31, 2023. 32 22#34Consistent Growth in Fee Income 95 95 Non-Interest Income (INR crores) 122 107 107 124 Core Fee Income (INR crores) DCB BANK 46 97 98 70 91 75 ilill Dec-22 Mar-23 Jun-23 Sep-23 Dec-23 Dec-22 Mar-23 Jun-23 Sep-23 Dec-23 33#35-0 % 111111 mary Supplier CONF 15% E, 128 00 Aug Sep OLE 20.00 15.00 10.00 Financial Highlights DCB BANK#36Profit & Loss Statement - Q3FY24 DCB BANK (INR crores) Q3FY24 Q3FY23 Y-o-Y Q2FY24 Q-o-Q FY23 Interest Income Interest Expense 1,374 1,072 1,306 4,200 900 626 830 2,483 Net Interest Income 474 446 +6% 476 0% 1,717 Other Income 124 95 +30% 107 +15% 409 - Commission, Exchange and Brokerage 98 70 97 303 - Profit/(Loss) on sale of Investments 14 2 4 11 - Profit/(Loss) on Exchange Transactions 4 5 4 28 Total Income Operating Expenses Employee Expenses Other Expenses Operating Profit Provisions and Contingencies Net Profit Before Tax 598 541 +10% 583 +3% 2,126 386 347 +11% 372 +4% 1,339 198 180 189 693 188 167 183 646 212 194 +9% 211 0% 787 41* 41 1% 40 +3% 159 171 153 +11% 171 0% 628 Tax 44 39 44 162 Profit After Tax 127 114 +11% 127 0% 466 *Includes a provision of Rs. 4.54 crores in respect of investments in Alternate Investment Funds (AIFs) pursuant to the RBI circular dated December 19, 2023. 35#37Profit & Loss Statement – Q-o-Q - DCB BANK (INR crores) Interest Income Interest Expense Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24 1,072 1,179 1,238 1,306 1,374 626 693 767 830 900 Net Interest Income 446 486 471 476 474 Other Income 95 122 107 107 124 - Commission, Exchange and Brokerage 70 91 75 97 98 - Profit/(Loss) on sale of Investments 2 1 3 4 14 - Profit/(Loss) on Exchange Transactions Total Income Operating Expenses Employee Expenses Other Expenses Operating Profit Provisions and Contingencies Net Profit Before Tax 5 7 5 4 4 541 608 578 583 598 347 364 369 372 386 180 186 195 189 198 167 178 174 183 188 194 244 209 211 212 41 53 38 40 41* 153 191 171 171 171 Tax 39 49 44 44 44 Profit After Tax 114 142 127 127 127 *Includes a provision of Rs. 4.54 crores in respect of investments in Alternate Investment Funds (AIFS) pursuant to the RBI circular dated December 19, 2023. 36#38Balance Sheet - Q-o-Q (INR crores) DCB BANK Dec-22 Mar-23 Jun-23 Sep-23 Dec-23 Capital & Liabilities Shareholders Equity 4,422 4,566 4,656 4,784 4,912 Deposits 39,506 41,239 43,009 45,496 47,120 Borrowings 3,825 4,118 4,730 5,190 5,372 Other Liabilities and Provisions 2,113 2,443 2,579 2,240 2,400 Total 49,866 52,366 54,974 57,710 59,804 (INR crores) Dec-22 Mar-23 Jun-23 Sep-23 Dec-23 Assets Cash, Interbank etc. 3,157 2,368 2,902 2,692 2,527 Investments 10,854 12,582 13,395 14,676 15,443 Advances 32,965 34,378 35,474 37,276 38,951 Fixed Assets 773 826 837 859 863 Other Assets Total 2,117 2,212 2,366 2,207 2,020 49,866 52,366 54,974 57,710 59,804 37#39Profit & Loss Statement - Trend DCB BANK (INR crores) FY19 FY20 FY21 FY22 FY23 Y-o-Y Interest Income Interest Expense 3,041 3,537 3,458 3,513 4,200 +20% 1,892 2,272 2,171 2,155 2,483 +15% Net Interest Income 1,149 1,265 1,287 1,358 1,717 +26% Other Income 344 388 445 452 409 -9% - Commission, Exchange and Brokerage 240 241 196 238 303 - Profit/(Loss) on sale of Investments 39 65 143 81 11 - Profit/(Loss) on Exchange Transactions 22 19 23 28 28 Total Income 1,493 1,653 1,732 1,810 2,126 +18% Operating Expenses 853 903 847 1,013 1,339 +32% Employee Expenses 434 459 434 539 693 +29% Other Expenses 419 444 413 474 646 +37% Operating Profit 640 750 885 797 787 -1% Provisions and Contingencies 133 258 432 407 159 -61% Net Profit Before Tax 507 492 453 390 628 +61% Tax 182 154 117 102 162 +59% Profit After Tax 325 338 336 288 466 +62% 38#40Balance Sheet - Trend (INR crores) DCB BANK Mar-19 Mar-20 Mar-21 Mar-22 Mar-23 Y-o-Y Capital & Liabilities Shareholders Equity 3,116 3,422 3,759 4,049 4,566 +13% Deposits 28,435 30,370 29,704 34,692 41,239 +19% Borrowings 2,723 3,408 4,482 4,082 4,118 +1% Other Liabilities and Provisions 1,518 1,305 1,657 1,970 2,443 +24% Total 35,792 38,505 39,602 44,793 52,366 +17% (INR crores) Mar-19 Mar-20 Mar-21 Mar-22 Mar-23 Y-O-Y Assets Cash, Interbank etc. 2,793 3,546 3,039 4,091 2,368 -42% Investments 7,844 7,742 8,414 9,051 12,582 +39% Advances 23,568 25,345 25,737 29,096 34,378 +18% Fixed Assets 526 546 569 661 826 +25% Other Assets Total 1,061 1,326 1,843 1,894 2,212 +17% 35,792 38,505 39,602 44,793 52,366 +17% 39#41Shareholding Pattern Shareholding as on December 31, 2023 28.83% 2.99% 0.23% AKFED & PJI* Others (Non Institutional)** 5.91% Institutions** Individuals 14.80% 47.24% Govt. IEPF A/C MCA Bodies Corporates Equity Shares as on December 31, 2023 - 312,114,639 shares *AKFED: Aga Khan Fund for Economic Development & PJI: Platinum Jubilee Investment Ltd **Includes Clearing Members (0.15%), Non-Resident Indians (1.56%), Trusts (0.01%), Unclaimed shares (0.44%) & Directors & their relatives (0.83%) ***Institutions includes 13.02% held by FII & FPI *AKFED has expressed its interest to invest up to USD 10 million by subscribing to additional equity shares of the Bank, in compliance with applicable laws and regulations. The purpose is to further strengthen the Bank's capital position and support its growth plans. Further, the Board of Directors of the Bank in its meeting held on December 8, 2023 and Members of the Bank through Postal Ballot on January 9, 2024, have approved the proposal for issuance and allotment of up to 60,58,394 equity shares of face value of Rs.10/- each to AKFED, at an issue price of Rs. 137/- per equity shares (which includes a premium of Rs.127/- per equity shares), for a total consideration of up to Rs. 83 crores by way of preferential allotment on a private placement basis subject to the regulatory approvals including RBI as may be required. DCB BANK Key Non-Promoter Shareholders % Tata Mutual Fund* 5.19 HDFC Small Cap Fund 4.47 Franklin Templeton Asset Management (India) Pvt Ltd* 4.23 DSP Small Cap Fund 4.22 ICICI Venture Funds Management Company Limited (India Advantage Fund S4 I) 4.00 Oman India Joint Investment Fund II 2.95 Steinberg India Emerging Opportunities Fund Limited 2.76 ICICI Prudential Asset Management Company Limited* 1.62 LIC Mutual Fund Asset Management Limited* 1.58 Canara Robeco Small Cap Fund 1.12 Bajaj Allianz Life Insurance Company Ltd 1.09 *Held under various schemes/funds/ entities. . DCB Bank is promoted by the Aga Khan Fund for Economic Development (AKFED) • AKFED is an international agency dedicated to promoting entrepreneurship and building economically sound companies • AKFED operates as a network of affiliates with more than 90 separate project companies employing over 47,000 people. . AKFED is active in the developing countries 40 40#42ESG Initiatives Environment Social • • Total number of employees volunteered: 1,652 Total number of trees planted till date: 1,01,120 Oxygen produced by trees: 11,922 metric tonnes Reduction of carbon from the atmosphere: 2,528 metric tonnes Waste recycled promoting circular economy: 251 metric tonnes • Methane greenhouse gas reduction: 72 • metric tonnes Household biogas produced: 132 metric tonnes Revival of village water bodies and ponds: 2,17,800 sq. ft. Rainwater harvested for sustainable • livelihood: 99,84,00,000 liters • Sustainable livelihood created & lives impacted (Cuttack district, Odisha): 2,74,168 individuals Promoting coastal ecosystem-based livelihoods via bee keeping for communities near mangroves in Uttara Kannada district, Karnataka: 2,500 direct & indirect beneficiaries Household biogas plants for economically vulnerable rural families: 500 individuals as direct & indirect beneficiaries Project Jal Sanrakshan sustainable livelihood- & water harvesting Aurangabad district, Maharashtra: 7,778 direct & indirect beneficiaries Project Jal Vikas, sustainable livelihood and water harvesting for rural households Morena, Madhya Pradesh: 3,047 direct & indirect beneficiaries • • DCB BANK Governance . The Board of Directors comprise executive and non-executive directors 80% of the Board consist of independent directors The Board of Directors meets at least 6 times in a year Most Board Committees consist of majority of independent directors 41#43Digital Initiatives (1/2) • Deliverables Management System (DMS) The implementation of Phase III of the Deliverables Management System for a centralised Print and Deliverables Unit. Benefits envisaged: • Customers do not have to wait for bank letters Time and efforts saved for printing and dispatch of letters Interest Certificate in DCB Mobile Banking App Now enabled download of Interest Certificate through DCB Mobile Banking App. Interest Certificate provides a convenient way to know the interest earned for a given year for all CASA and Deposit Accounts consolidated in one file. SaS Dashboard (FINFLEX) The SaS Finflex daily dashboard is a representation of status from FINFLEX applications in specified presentation to facilitate stakeholders like Business, Credit, CROPS, MIS and Analytics etc Benefits: • Live status of SME NTB cases from "FINFLEX". • Detailed data in form of dashboard as well as MIS. POF REPAY LOAN LOGIN AND DUES Personal Intemet Banking at Banking My Documents ABOUT US LOCATE Branch ATM 00 OPEN AN ACC Savings Current Carers Coming 6 • Gradatim Upgrade DCB BANK Revamped the Gradatim system with screen reduction and additional validations to reduce the TAT of new Gold Loan account creation. This also includes compliance for loans for Priority Sector Lending, specifically Agricultural Loans. • Positive Pay in DCB Mobile Banking App Positive Pay is now live on the DCB Mobile Banking App. Positive pay is a fraud prevention system offered to customers to protect them against forged, altered, and counterfeit cheque. Positive Pay can be accessed through Website, Internet Banking, or WhatsApp. • Monitoring & review on multiple levels with presentable graphics (Branch/State/Facility/Lead wise/etc. etc.) • In-build TAT calculation for all critical activities. • Data availability on dashboard for current and preceding 5 months at your fingertips. • Implementation of AV GSTD Files in CBDT Format Central Board of Direct Taxes (CBDT) has mandated NPCI to introduce the Account Validation (AV) process specific to their requirement with the addition of capturing PAN and account holder's names as available in the Core Banking System (CBS) of banks in the response file for matched records and NPCI providing CBDT Account Validation Files to member banks with single entity names. With the implementation of, one more entity in the name of GSTD, it is now impossible to submit response files in an automated manner, which leads to customer queries and delays in processing income tax refunds to credit the customer's account. 42 42#44Digital Initiatives (2/2) CIDF Acceptance Digital-Link Based Journey Comprehensive digital document provided to the customer for the Risk Profile activity completed for obtaining authentication from the customer. > > > ☐ ☐ • • Customer views the responses submitted before giving authentication Dispute cannot be raised by customer at a later date on incorrect response being captured in the system TRANSFERT • • NEFT/RTGS 24x7 DCB BANK NEFT/RTGS 24x7 Now transfer funds round the clock NEFT or RTGS through -DCB Internet Banking NEFT through DCB Mobile Banking App Integration with PayRoc application ensures transactions even when Finacle is under maintenance Customer Intimation on Amendment Processing Customers are updated on the status of their Amendment Request upon receipt of the service request, discrepancy marking, and rejection. This assists in keeping customers updated on the status. It will also assist in reducing pending discrepant causes and, hence, avoiding rejections. • • The customer is informed of the status of service requests, including receipt and discrepancy marking This will assist in discrepancy resolution as customers are updated on request status KYC refresh on EKYC Authentication To reduce manual intervention and provide a real-time customer KYC updation experience, the KYC refresh option has been enabled directly on the EKYC authentication that saves time and manual effort for the data input. Real-time update of customer KYC a and when EKYC authentication is done • No duplication of branch visits or data input on the system which saves manual work 43#45CSR Initiatives (1/3) iQ00 Neo7 Pro Solid Waste Management for River Ganga. Muni- Ki-Reti, Rishikesh, Uttarakhand DCB BANK Trees for Elephants, East Singhbum dist., Jharkhand. Plantation of 25,000 multi species trees Open Traditional Well at Lalbagh Botanical Garden, Bengaluru, Karnataka Trees for Coastal Ecosystem, Chengalpattu dist., Tamil Nadu. Plantation of 20,000 Mangrove Trees Latitude: 22.906445 Longitude: 86.412344 Elevation: 272.31+20 m Accuracy: 25.2 m Time: 07-15-2023 09:02 Note: Panchayat patamda v Nature Interaction Centre, Tondupally Venture Park, Shamshabad, Hyderabad, Telangana We Contribute Towards Sustainable Livelihood through Aquaculture & Water Harvesting, Kendrapada Dist., Odisha Latitude: 12.185584 Longitude: 79.944545 Elevation 4529m Accuracy 6.5mm Time: 06-11-2023 16115 Note: marakkana TDEF pla Water Waste Management Recycling Disaster Relief Renewable Energy Preserve Historical Sites Support Tech Incubators 44#46CSR Initiatives (2/3) KIF IFMR Institute for Financial Management and Research DCB BANK Implementing Restoration & Innovative Intervention for Dry Land Agriculture Farmers, Raichur & Koppal dist., Karnataka Outcomes • • Bioresource centre in the Gram Panchayat for knowledge dissemination used by at least 100 farmers, trained in land restoration and regularly use the techniques. At least 20 acres of dryland gains access to protective irrigation for agroforestry, improving the prospect of future farmer incomes At least 100 farmers achieve an income boost of INR 5,000/ acre/ season from knowledge of the NPM practices INR 5 Lakh public financing mobilized for land restoration and creation of water storage Impact Variable • • Farmer bio-resource centre set-up • Farmers trained on regenerative agricultural practices (Akkadi Sallu) Farmers converted from monocropping to regenerative agricultural practices • Number of trainings and capacity building sessions conducted NPM = Non Pesticidal Management of crops, agriculture 45#47CSR Initiatives (3/3) ASHOKA TRUST FOR RESEARCH IN a ree ECOLOGY & THE ENVIRONMENT DCB BANK Restoring grassland for biodiversity conservation, sustainable livelihood & climate mitigation. Kendur, Pune dist., Maharashtra Outcomes • • Restoring grassland & reversing grass degradation, pastoral areas Plantation of 6,000 to 8,000 grass sapling and 80 to 100 shrubs, trees per acre . Assessment of indicators of restoring success Outreach and awareness generation. Type of meetings: Focus group discussion (gram panchayat/ village community) • Academic conferences . Workshops with forest department 46#48Awards & Accolades (1/3) Won Gold Award in Product Innovation Category – Infosys Finacle Innovation Awards 2023 - Infosys INNOVATION Finacle AWARDS 2023 Product Innovation DCB Bank Limited DCB Zippi+ which is a brand new native banking app, available for free on Android and iOS, provides a fully digital onboarding experience for customers to start a relationship with DCB Bank. With a brilliant range of products, including Savings Accounts and Fixed Deposits, customers can open accounts seamlessly without having to visit branches. DCB Zippi+ is Powered by APIs and backed by the Finacle Core Banking System, DCB Zippi+ is highly scalable and provides an intuitive user experience. Gold DCB BANK Received Express BFSI Technology Awards 2023 on Enterprise Applications for new Mutual Fund Application & Analytics/ Big Data Bfsi Express BFSI Technology Awards 2023 47#49Awards & Accolades (2/3) DCB Bank received two CSR Awards at the ACEF Forum: DCB BANK 2 LEADERS SUMMIT & AWARDS Winner (Gold) Grand Prix Award Overall Excellence in Social Responsibility DCB BANK LTD LEADERS SUMMIT & AWARDS Runner Up (Silver) Social Impact Award Best Corporate-Nonprofit Partnership DCB BANK LTD ACE T Anita afACE T The Bank bagged Gold in the Grand Prix 2023 category which recognizes overall Excellence in Social Responsibility by focusing on projects in remote locations to contribute to society and create sustainable livelihood opportunities for tribal communities. The Bank's projects for 1) Coastal ecosystem-based livelihoods through beekeeping. 2) Livelihood improvement programme through aquaculture. 3) Mangrove plantation. 4) Rainwater recharge wells were recognized in this category. The Bank's CSR partnership project Protection Of Wildlife Corridor Via Reforestation and Alternative Livelihood Programme - Panna Tiger Reserve with the CSR project implementation partner Last Wilderness Foundation won the Best Corporate (non-profit partnership category) Award. This project aimed to incentivise local communities and protect the region on a landscape level by introducing initiatives and pilot schemes that would reduce animal conflict, protect biodiversity, and provide alternative sources of sustainable livelihood income to individuals living in close proximity to wildlife. 48#50Awards & Accolades (3/3) • DCB BANK Most Preferred Workplace BFSI 2023-24 (2nd Edition) Won 2nd runner up in CSR Journal Excellence Awards 2023 in Environment Category MOST PREFERRED WORKPLACE 2023 2024 (BFSI EDITION) Congratulations! MOST PREFERRED WORKPLACE 2023-2024 DCB BANK CERTIFIED This achievement reflects the positive and collaborative environment we've collectively built. • Thank you for making DCB Bank an outstanding place to work! • • We were the runners up at the CSR Journal excellence awards 2023 in the environment category. The awards recognize organizations for their exemplary work towards CSR. The Bank was recognized for its project of Installation of 100 biogas plants in rural households in combined Adilabad District during July to October 2022 49#51DCB BANK Thank you To receive investor updates from DCB Bank Limited, write in at [email protected] For more information, kindly log on to: www.dcbbank.com 50