Private sector lender DCB Bank's second quarter (July-September)
profit grew by 24.7 percent to Rs 73.44 crore compared to year-ago, driven by
NII, other income and operating income.
Net interest
income during the quarter increased 13.6 percent to Rs 281.84 crore YoY, with
loan growth of 27 percent at Rs 22,069 crore in Q2. Net interest
margin for 02 FY2019 stood at 3.83 percent, which fell compared to 4.22 percent
in year-ago and 3.90 percent in June quarter.
Deposits grew by
27 percent year-on-year to Rs 26,169 crore in the quarter ended September 2018,
the bank said, adding. Private sector lender DCB Bank's second quarter (July-September)
profit grew by 24.7 percent to Rs 73.44 crore compared to year-ago, driven by
NII, other income and operating income.
Net interest
income during the quarter increased 13.6 percent to Rs 281.84 crore YoY, with
loan growth of 27 percent at Rs 22,069 crore in Q2. Net interest
margin for 02 FY2019 stood at 3.83 percent, which fell compared to 4.22 percent
in year-ago and 3.90 percent in June quarter.
Deposits grew by
27 percent year-on-year to Rs 26,169 crore in the quarter ended September 2018,
the bank said, adding
No comments:
Post a Comment