DCB Bank Limited — Earnings Release 2021

May 8, 2021

Ref. No.CO:CS:RC:2021-22:034

May 08, 2021

SSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai - 400 023.

National Stock Exchange of India Limited, Exchange Plaza, Sandra Kurla Complex, Sandra (E), Mumbai - 400 051

Dear Sirs,

Re: Press release BSE Scrip Code No.: 532772 NSESYMBOL:DCBBANK

In the attachment please find the press release captioned 'DCB Bank announces Full Year FY 2021 Results.'

Thanking you,

Yours faithfully,

For DCB Bank Limited

Rubi Chaturvedi Company Secretary & Compliance Officer Encl: As above. - ""' - --

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DCB Bank Umlted Corporate & Registered Office: 6"' Floor, Tower A, Peninsula Business Park, Senapatl Bapat Marg, Lower Parel, Mumbai - 400013, Maharashtra CIN: L99999MH1995PLC089008 Tel: +912266187000 Fax: +912266589970 Website: www.dcbbank.com

DCB BANK

Press Release for Immediate Circulation

DCB Bank announces Full Year FY 2021 Results

May 08, 2021, Mumbai: The Board of Directors of DCB Bank Ltd. (BSE: 532772; NSE: DCB) at its meeting in Mumbai on May 08, 2021, took on record the audited financial results of the Fourth Quarter (Q4 FY 2021) and the Year ended March 31, 2021 (FY 2021 ).

Highlights:

1) Profit After Tax

The Bank's Profit After Tax was at INR 336 Cr. in FY 2021 as against INR 338 Cr. in FY 2020.

2) Operating Profit

The Operating Profit for FY 2021 was INR 898 Cr. as against INR 753 Cr. for the same period to last year, an increase of 19%.

3) Net Interest Income

The Bank earned Net Interest Income of INR 1,287 Cr. as against INR 1,265 Cr. for the same period last year, an increase of 2%.

In Q4 FY 2021, the Bank derecognised Interest of INR 37 Cr. on account of NPA recognition post Honorable Supreme Court Order dated March 23, 2021. The Bank has created a liability of INR 10 Cr. towards interest on interest payable to eligible customers as per Honorable Supreme Court Order and reduced the same from the Interest Income.

4) Non-Interest Income

Non-Interest Income of INR 458 Cr. as against INR 391 Cr. for the same period as last year, an increase of 17%. The Bank benefited from one-time treasury gain in FY 2021 on account of Interest Rate movements.

5) Cost Income Ratio

Cost Income Ratio for FY 2021 was at 48.51 % as compared to 54.53% in FY 2020. The improvement in mainly on account of 6% reduction in total cost as compared to FY 2020 and one-time Treasury Gain in Non-Interest Income.

6) Return on Equity

Return on Equity was at 9.99% FY 2021 as compared to 11.19% in FY 2020. Similarly, Return on Equity (Annualized) was at 8.96% for Q4 FY2021 as compared to 8. 73% in Q4 FY 2020.

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Financial numbers are rounded off to nearest whole number

DCB Bank Limited

Corp. & Reg. Office: 6th Floor. Tower A, Peninsula Business Park. Senapati Bapat Marg, Lower Pare!, Mumbai - 400013 CIN: L99999MH1995PLC089008 Tel: +91 22 66187000 Fax: +91 22 66589970 Website: www.dcbbank.com