DCB Bank gains after launching share sale

Written by Reuters | Updated: Sep 30 2014, 15:49pm hrs
DCB Bank gains 1.9 percent.

Lender on Monday launched a share sale to raise 2.75 billion rupees ($44.62 million).

The share sale has already been covered fully and would augment bank's capital base - dealers.

(1 US dollar = 61.6250 Indian rupees)