DCB Bank Ltd.

NSE: DCBBANK | BSE: 532772 | ISIN: INE503A01015 |Industry: Banks
|Slowing Down Stock
80.75 3.95 (5.14%)
NSE Oct 19, 2020 15:31 PM
Volume: 2.2M

DCB Bank Ltd.    
11 Jun 2020
SPA Research
DCB reported advance degrowth of 0.37% for Q4FY20 on a QOQ basis while deposits registered a QOQ growth of 2.14%, even though Q4 usually has historically been the strongest quarter for the bank. NIMS for the quarter stood at 3.64% against 3.71% in Q3FY20. GNPA's stood at 2.46% against 2.20% in Q3FY20 while NNPA stood at 1.16% against 1.03% in Q3FY20. The provision coverage ratio was at 70.81% against 76.99% in Q3FY20. Advances growth to pick up pace from Q3FY21 as COVID induced pain eases and the economy returns to normalcy. GNPA's increase - upgrades delayed On a QOQ basis GNPA'S registered an increase of INR 795 mn as upgrades were affected by the lockdown. Within GNPA's the highest...
Number of Mutual Funds holding stock fell by 6 to 15 in Jun 2020 qtr.
More from DCB Bank Ltd.