DCB Bank launches first biometric ATM

India Infoline News Service | Mumbai | June 16, 2017 12:40 IST

Edging over competitors, DCB Bank launched first of its kind ATM, that will not require a debit card to dispense cash as the machine will instead verify the customer’s Aadhar card details including the iris and the fingerprint of the customer.

Edging over competitors, DCB Bank launched first of its kind ATM, that will not require a debit card to dispense cash as the machine will instead verify the customer’s Aadhar card details including the iris and the fingerprint of the customer.

However, the ATM will also accept debit cards swipes for the purpose of cash withdrawal.

The high-tech ATM was installed in the capital of Telangana, said a press release issued by the bank.

The mid-sized private sector bank, DCB Bank also expanded its operations in the state by opening three new branches in Telangana at Mancherial, Mothe and Narsapur.

At 10:00 hrs IST, the DCB Bank was trading at Rs 211.80, up by 1.07% on the BSE.  

Stock View :
DCB Bank Ltd is currently trading at Rs 210.9, up by Rs 1.25 or 0.6% from its previous closing of Rs 209.65 on the BSE.
The scrip opened at Rs 210 and has touched a high and low of Rs 213 and Rs 209.7 respectively. So far 1674880(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 6443.73 crore.
The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 211.2 on 15-Jun-2017 and a 52 week low of Rs 91.95 on 24-Jun-2016. Last one week high and low of the scrip stood at Rs 211.2 and Rs 200.9 respectively.
The promoters holding in the company stood at 15.04 % while Institutions and Non-Institutions held 44.22 % and 40.74 % respectively.
The stock is currently trading above its 50 DMA.


***Note: This is a NSE Chart

Disclaimer: The contents herein is specifically prepared by ‘Dalal Street Investment Journal’, and is for your information & personal consumption only. India Infoline Limited or Dalal Street Investment Journal do not guarantee the accuracy, correctness, completeness or reliability of information contained herein and shall not be held responsible.

 

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