New Delhi: Indian private sector lender Development Credit Bank has appointed Amin Manekia and Altaf Jiwani as additional directors on its board.
The bank’s board consists of Chairman Nasser Munjee; Managing Director & Chief Executive Officer (CEO) Murali M Natraja; and Directors Nasim Devji and Shabir Suleman Kassam, among others.
Earlier Monday, Development Credit Bank posted a 91.46% surge in its net profit to Rs 156.4 million in fiscal third quarter (October-December) from Rs 81.6 million in the same quarter a year ago, on the back of higher income from investments and interest earned on balances with the Reserve Bank of India and other inter bank funds.
via Development Credit Bank appoints Amin Manekia, Altaf Jiwani as additional directors on board.
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