Go Ad-Free
    My Alerts
    Budget Express 2026

    co-presented by

    • JIO BlackRock

    ASSOCIATE SPONSORS

    • Sunteck
    • SBI
    • Emirates
    HomeNewsBusinessEarningsDCB Q1 NIM dips to 3.10%, CASA ratio falls to 33%

    DCB Q1 NIM dips to 3.10%, CASA ratio falls to 33%

    DCB has announced its first quarter results. The company's Q1 net profit was at Rs 8.8 crore versus loss of Rs 2.9 crore.

    July 14, 2011 / 18:24 IST

    Moneycontrol Bureau

    Private sector lender Development Credit Bank (DCB) reported a net profit of Rs 8.8 crore for the June quarter, compared to a net loss of Rs 2.9 crore during the same period last year. However, the net interest margin fell sequentially from 3.15% to 3.10% on rising cost of funds. Total advances (loans) grew 22% to Rs 4,234 crore.

    first published: Jul 14, 2011 03:04 pm

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347