DCB Bank Q1 net profit rises to Rs 43 cr
Higher interest income, increase in non-interest income aided the company put out better results
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DCB Bank said its net profit for the quarter ended June 30 increased to Rs 43 crore from Rs 19 crore a year ago, aided by higher interest income and increase in non-interest income.
“While pursuing the agenda of diversified loans growth and branch expansion, we have to work a lot harder to ensure that corporate and SME non-performing assets remain in control,” Murali M Natrajan, CEO and MD, DCB Bank, said.
“While pursuing the agenda of diversified loans growth and branch expansion, we have to work a lot harder to ensure that corporate and SME non-performing assets remain in control,” Murali M Natrajan, CEO and MD, DCB Bank, said.
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First Published: Jul 17 2013 | 12:17 AM IST