Tag: #DCB BANK ANNOUNCED ITS Q4FY24 RESULTS

DCB BANK ANNOUNCED ITS Q4FY24 RESULTSSharing an update on behalf of DCB Bank. The Bank has announced its Q4FY24 results, The Bank's Profit After Tax (PAT) for Q4 FY 2024 was at INR 156 Cr. In comparison Profit After Tax for Q4 FY 2023 was at INR 142 Cr reporting a growth of 9%. Notable points: · The Bank's Profit After Tax (PAT) for FY 2024 was IN 536 Cr. In comparison Profit After Tax for FY 2023 was at INR 466 Cr marking a growth of 15%. · Advances growth year-on-year was at 19% (Year-on-year Mortgages growth 22%, Co- lending growth 23%, Construction Finance growth 26% and Agri & Inclusive Banking growth 30%) and Deposit growth year-on-year was at 20%. .The Gross NPA ratio as on on March 31, 2024, was at 3.23%. Net NPA was at 1.11% as on March 31, 2024. · The Provision Coverag...