The Mumbai headquartered Development Credit Bank has shifted its corporate office to new location within the state. The Executive Director of Reserve Bank of India, Mr. P. Vijaya Bhaskar, inaugurated the bank's new office on the sixth floor of Peninsula Business Park, situated in Lower Parel, Mumbai.
Prince Rahim Aga Khan, of the Aga Khan Fund for Economic Development, was also present at the ocassion.
Talking about the change in location, Mr Nasser Munjee, Chairman of DCB said, "Lower Parel seems to be an emerging business hub and we are glad to relocate to a well-placed building. It is perfect for commuting to downtown as well as the suburbs.''