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DCB Home Loan News - May 2022
- 2021-09-14 : DCB Bank Revises MCLR Rate
DCB Bank has revised the Marginal Cost of Funds Lending Rate (MCLR) for different tenures. Now, the one-year and six-month MCLR are 9.02%. Three-months MCLR is at 8.77%, one month and overnight MCLR is 8.07%. - 2021-01-27 : DCB Bank reported Q3 profit at ₹96.21 crore
DCB Bank posted a net profit of ₹96.21 crore for the third quarter ended December 2020. Further, it reported a total income of ₹1,023.86 crore backed by home, personal, car, two wheeler and gold loan along with business and mudra loans. - 2020-08-07 : DCB Bank Ltd posted Rs. 79.38 crore PAT in Q1FY21
DCB Bank posted a net profit of Rs.79.38 crores for the period ended June 30, 2020, as against a net profit of Rs.68.76 crores for the period ended March 31, 2020. In addition to this, the Bank reported a total income of Rs.950.70 crores backed by retail loans like home, personal, gold, two-wheeler, and car loans along with business and mudra loans during the period ended June 30, 2020. - 2020-01-28 : DCB Bank Q3 profit increased by 12.3%
Private sector lender DCB Bank profit for Q3 hiked by 12.3% to Rs. 96.70 crores. The Bank total income rose by 13.66% to Rs. 990 crores boosted by Home Loans and Personal Loans. Further, Net Interest Income increased by 9.86% to Rs. 323 crores. - 2019-05-08 : DCB Bank expects to double balance sheet in the next four years
Private sector lender, DCB Bank expects to double the size of its balance sheet in the next three-four years. The banks would be focusing more on growing its SME, agri, retail, commercial vehicles and small-ticket loans in which their current growth is nearly 16%. As of now, their balance sheet stands at Rs. 35,792 crores.
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