DCB Bank Q3 Net Profit Jumps 22% on Strong Advances, Deposits Growth
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CNBC TV18•23-01-2026, 17:57
DCB Bank Q3 Net Profit Jumps 22% on Strong Advances, Deposits Growth
- •DCB Bank reported a net profit of ₹184 crore for Q3, a 21.8% increase year-on-year.
- •Net interest income (NII) grew by 14.9% to ₹624 crore.
- •Asset quality improved, with gross NPA at 2.72% and net NPA at 1.10%, both at three-year lows.
- •Advances grew 18% and deposits grew 20% year-on-year, indicating robust balance sheet expansion.
- •The bank recorded its highest-ever quarterly PAT despite a one-time impact from 'New Labour Codes'.
Why It Matters: DCB Bank's Q3 net profit surged 22% driven by strong loan and deposit growth and improved asset quality.
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