Healthy performance; other income gaining traction

Company
28 Oct 2024
5 Min read 
  • DCB Bank reported healthy earnings with 22.6% YoY growth in PAT.
  •  NII grew 7% YoY to INR5.1b, while NIM moderated 12 bp QoQ to 3.27%.
  •  Advances grew 19.3% YoY, supported by healthy growth in gold loans, agri banking, and mortgages.
  •  Deposits rose 20% YoY, led by growth in CASA deposits, increasing CASA mix to 25.6%.
  •  Fresh slippages inched up to INR3.89b, while GNPA/NNPA ratios moderated 4bp/1bp QoQ to 3.29%/1.17%.
  •  The bank aims to double the book every 3-4 years and expects a full-year RoA of 1% for FY25-26.
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