DCB's approach has been that of profitable growth and now they have branch network to aid this growth, said Nasser Munjee, Chairman, DCB Bank.
DCB is working on improving efficiency of operations and is also expanding its geographies, said Murali M Natrajan, MD & CEO of DCB adding that no pressure is visible on its portfolio.
Terming the Essar Oil-Rosneft deal as a positive development for banks with large exposure, Shyamsunder Bhat of Exide Life said that there are several other positives such as size of the foreign direct investment in India that that can be taken from the deal.
The growth momentum of the bank will continue to be supported by stable asset quality and branch expansions, said Murali M Natrajan, MD & CEO, DCB Bank, in an interview to CNBC-TV18.
Former chairman of State Bank of India AK Purwar says even larger banks will start feeling the heat and pinch of this, not just midcap and small banks. In a neck and neck competition, he says: “It will become a question of survival of the fittest.â€
Much of the slippages during the quarter have come in the corporate and SME loan accounts, says Shyam Srinivasan, MD & CEO of Federal Bank
How are small and payment banks going to affect the business of existing small banks? Palaniappan Manickam, CFO, Lakshmi Vilas Bank and Ashvin Parekh, Managing Partner At Ashvin Parekh Advisory Services discuss.
The ED has arrested one Manish Jain under the Prevention of Money Laundering Scam. Jain transferred more than Rs 500 crore through 70 fake bank accounts
SBI chairman Arundhati Bhattacharya says increasing the amount of home loans for PSL is a positive step. According to her, overall asset quality pressure may ease in near-term.
Natrajan said DCB Bank saw a diversified portfolio growth in FY15, with retail, agriculture and inclusive banking reporting a healthy performance.
Murali M Natrajan, MD and CEO, DCB Bank says he is trying to make sure that cost income ratio consistently improves. The bank is making an attempt to deliver income growth at 20-22 percent every year, while controlling cost at 11-12 percent, he adds.
DCB's fourth quarter net profit doubled from about Rs 17 crore to Rs 34 crore year-on-year driven by higher interest income. MD & CEO Murali Natrajan said the bank's full year growth in advances stood at 25 percent and deposits growth at 32 percent.
In an interview to CNBC-TV18, Murali M Natrajan, managing director and chief executive officer, DCB gives his expectationss for the bank's performance.
In an interview with CNBC-TV18, Murali M Natrajan, MD & CEO of DCB highlighted that it's net non-performing assets (NPAs) are below a 1%. He said that the bank has provided 100% of the NPAs on unsecured personal loans. So, the NPAs are expected to halve by the end of this year.