DCB Bank Ltd has clarified in reference to recent news articles related to Karvy Stock Broking Limited. As off now the ban has non-funded exposure of Rs.30 crores in the form of bank guarantees issued on their behalf. The bank guarantees are secured by 50% cash margin in the form of term deposits.
Shares of DCB Bank Limited was last trading in BSE at Rs.176.2 as compared to the previous close of Rs. 178.8. The total number of shares traded during the day was 36495 in over 737 trades.
The stock hit an intraday high of Rs. 179.8 and intraday low of 175.8. The net turnover during the day was Rs. 6452201.