As of now 24 per cent of equity in DCB is held by Aga Khan through the Geneva-based Agha Khan Fund for Economic Development and Platinium Jubilee Investments. The remaining 76 per cent is held by 55,000 shareholders. The bank's share of Rs 10 has a book value of Rs 121.80. If the bank gets itself listed it would be able to offer greater liquidity to DCB's shares and benefit its shareholders. DCB was converted into a private sector bank on June 1, 1995 and has an equity base of Rs 16 crore.

Meanwhile the bank is going on a branch expansion programme worked out by KPMG-Peat Marwick and the Allied Irish Bank. The 44th branch was opened in Pune here today. Padamsee hopes to mop up deposits of around Rs 100 crores in the firstyear of operations. Similar growth was already achieved by DCB's Delhi branch which crossed the Rs 100 crore deposit mark in less than a year of operations. Three more branches of DCB are scheduled to come up at Madhapur, Virar and Lonavala. Next on the cards is a branch in Chennai.

For year ending March 31, 1999 the DCB has posted a profit of Rs 21 crores and will be maintaining the 30 per cent dividend. The bank's deposits stood at Rs 1884.5 crore registering a 30.91 per cent growth over previous year. Advances during the year was Rs 1031.1 crore as on March 31, 1999. CB has drawn a five-year plan to double advances to touch Rs 2000 crores.