DCB Bank share zooms 10% after Q2FY25 profit climbs over 22% YoY

Quick Summary:

The surge in DCB Bank share price came after the lender reported a strong set of quarterly results (Q2FY25) on Thursday, October 24, 2024.

The Provision Coverage Ratio (PCR) stood at 75.62 per cent and PCR without considering Gold Loans NPAs was at 76.41 per cent.“Our growth trajectory continues to be robust both in deposits and advances.

The Bank’s business segments are Retail, micro-SMEs, SMEs, mid-Corporate, Microfinance Institutions (MFI), Agriculture, Commodities, Government, Public Sector, Indian Banks, Cooperative Banks and Non Banking Finance Companies (NBFC).

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Category: BusinessFinance

Markets: India

Topics: DCB Bank share price DCB Bank stock price today DCB Bank share levels NSE DCB Bank stock levels DCB Bank Stock Price DCB Bank Q2 DCB Bank Q2 nos DCB Bank Q2 results BSE DCB Bank DCB Bank stock price today

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Article Type: News Report

Published On: 2024-10-25 @ 11:39:05 (6 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

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