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DCB Bank slips 5%; stock hits 21-month low on asset quality concerns

The weakening in the asset quality was partly due to the bank's customer profile, mainly comprising small-ticket borrowers in the self-employed segment, that was more severely impacted by the pandemic

Topics
Buzzing stocks | DCB bank | Market trends

SI Reporter  |  Mumbai 



DCB Bank

Shares of hit a 21-month low at Rs 74, down 5 per cent on the BSE in Tuesday’s intra-day trade, falling as much as 11 per cent in the past one week on assets quality concerns. The stock of private sector lender traded at its lowest level since June 2020.

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First Published: Tue, February 22 2022. 14:54 IST

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