DCB Bank Ltd.

NSE: DCBBANK | BSE: 532772 | ISIN: INE503A01015 | Industry: Banks
| Momentum Trap

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DCB Bank Ltd.
01 Aug 2023
177.23
-1.45%
Bonanza
DCBB reported a weak performance led by sequential decline in NII and PAT. Margins were declined sharply by 35 bps QoQ, Slippages was elevated for the quarter leading to higher credit cost during the quarter. However, bank continued its business momentum by registering strong loan growth of 19% YoY and deposit growth of 23% YoY.
DCB Bank has gained 55.55% in the last 1 Year
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