DCB Bank Q4 profit rises 25% to Rs 142 crore

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DCB Bank Q4 profit rises 25% to Rs 142 crore

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Total income during the January-March quarter of FY23 rose to Rs 608 crore from Rs 495 crore in the same period of FY22, the bank said in a statement....

नए महीने की राहत भरी शुरुआत,सोना- चांदी हुआ सस्ता, चांदी 2500 रुपये लुढ़की
पेट्रोल- डीजल के नए भाव जारी, फटाफट चेक करें अपने शहर के रेट्स
शेयर बाजार में कोहराम, सेंसेक्स 1000 अंक से अधिक टूटा, निफ्टी 17400 के नीचे बंद हुआ – bhaskarhindi.com
The Gross NPAs as of March 31, 2023, were 3.19 per cent. Net NPA was at 1.04 per cent as of March 31, 2023.

The Gross NPAs as of March 31, 2023, were 3.19 per cent. Net NPA was at 1.04 per cent as of March 31, 2023.

Private sector lender DCB Bank on Friday posted a 25 per cent increase in its net profit to Rs 142 crore in the quarter ended March 2023.

The Mumbai-based lender had posted a net profit of Rs 113 crore in the year-ago period.

Total income during the January-March quarter of FY23 rose to Rs 608 crore from Rs 495 crore in the same period of FY22, the bank said in a statement.

The Gross NPAs as of March 31, 2023, were 3.19 per cent. Net NPA was at 1.04 per cent as of March 31, 2023.

Both Gross NPA and Net NPA declined sequentially as well as in comparison to last year, DCB Bank said.

For the full 2022-23 fiscal, the bank’s net profit jumped by 62 per cent to Rs 466 crore compared to Rs 288 crore in 2021-22.