Page 3 - Dcb Bank

Private lender DCB purchases 9% stake in NBFC Techfino Capital

DCB Bank said it has acquired 9 per cent stake in non-banking financial company Techfino Capital which is engaged in providing technology-based education and healthcare loans.

DCB Bank acquires equity stake in Bengaluru-based Techfino Capital

DCB Bank Limited announced on Wednesday that it has acquired a minority equity stake of approximately 9% in Bengaluru-based NBFC company Techfino Capital Private Limited

Upbeat on prospects in rural market, DCB Bank focuses on tractor loans

Private sector lender DCB Bank on Thursday said it is seeing a good business prospects from rural areas and wants to focus on "encouraging" tractor loans demand from the farming community. The bank is offering customised loans in Chhattisgarh, Karnataka, Andhra Pradesh, Telangana Madhya Pradesh, Maharashtra, Odisha and Rajasthan, which saw a growth in demand last year. The bank is positive about rural prospects, as evident from sales in Q2 FY21, and is expecting incremental growth in business, DCB Bank said in a release on Thursday. Citing a recent Crisil report that tractor sales were up by 12 per cent in first half of FY21, the lender said good monsoon and higher crop production generally support farm incomes and this in turn provides a fillip to tractor demand. Typically, fortunes of the tractor loan business depend on the vagaries of the weather and the harvest season among other macro and micro variables, it said. "The sale of tractors shows a heartening trend, it has posted

Retail and SME loans set for litmus test in 2021 as stress levels may rise

Little leeway on pricing and asset quality at a tricky level could places both segments in a tight spot

DCB Bank, RBL, Federal Bank bosses' terms to come up for renewal

RBI decision will clarify its stand on 15-year cap mentioned in discussion paper

DCB Bank extends rally, surges 20% in two days on heavy volumes

The bank has said the moratorium has been reduced from Rs 1,908.1 crore as on March 31, 2020, to Rs 710 crore on May 31, 2020.

DCB Bank's profit before tax declines 37.6% to Rs 93.84 crore in Q4

Net profit for the financial year ended March 31, 2020 (FY20), stood at Rs 337.25 crore, up marginally from Rs 325.37 crore in FY19.

All for liquidity: Watch every rupee, chase dues, and refinance debt

Refinancing high-cost debt into low-cost debt is possible, thanks to the RBI's TLTROs

Sovereign Indian bonds reverse losses on talk of help from RBI

Yields on 10-year bonds slid as much as eight basis points to to 6.08 per cent after surging by as much as 12 basis points earlier.

DCB Bank posts PBT of Rs 131 crore in Q3; net profit improves to Rs 97 cr

DCB Bank's total income was up 13.66 per cent at Rs 990.89 crore during the quarter under review as against Rs 871.78 crore in the corresponding period a year ago

Top trading ideas by CapitalVia Global Research: Buy Coal India, DCB Bank

Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor

DCB Bank plunges 14% on disappointing June quarter results

The private sector lender reported a sub-par performance in June quarter (Q1FY19) led by decline in loan growth, sequential rise in fresh slippages and NPAs, and continued pressure on margin.

DCB Bank to take a call on raising further capital in Q4 FY20, says MD

Q4 net up 50%; NIM to compress for two quarters on raising further capital in Q4 FY20

DCB Bank plans to raise capital in Q2 of FY20 for rapid growth in loan book

The specific timing for capital offering will depend on market conditions

DCB Bank falls 11% post June quarter results

The stock dipped 11% to Rs 160 on the BSE in intra-day trade after net interest margin of the private sector lender declined 33 bps year on year (yoy) at 3.9% in June quarter.

DCB Bank Q1 profit at Rs 700 million against Rs 650 million in Q1FY18

DCB Bank Ltd today reported profit after tax of Rs 70 crore for the first quarter of the current fiscal. "The bank's profit after tax was at Rs 70 crore in Q1 FY 2019 as against Rs 65 crore in Q1 FY 2018," DCB said in a statement. The bank said its operating profit rose to Rs 141 crore during the June quarter from Rs 136 crore in the corresponding quarter of 2017-18. Managing Director & CEO of the bank Murali M. Natrajan said: "We have been able to achieve the envisaged growth from the branch expansion programme. Margins are under pressure especially in mortgage and corporate loan book. We continue to be watchful of NPAs.

DCB Bank shares rally 14% in two days after good Q4 results

The stock has moved 7.5% higher to Rs 205 on the BSE in intra-day trade on Tuesday, extending its Monday's 6.4% gain on back of heavy volumes.

DCB Bank raises Rs 1.5 billion via bonds on private placement basis

These bonds carry an interest rate of 9.85% per annum for a period of 10 years from Jan 12, 2018

DCB Bank Q2 net rises 21% to Rs 59 crore

DCB Bank stock closed 0.65 per cent down at Rs 189.90 on BSE today

US fine on Habib Bank not to impact India biz, says DCB Bank; stock dips 6%

Habib Bank's promoter, AKFED Group, holds 15% stake in DCB Bank