DCB Bank Q4 net up 100%

DCB Bank Q4 net up 100%

Private sector lender DCB Bank reported a 100 per cent jump in net profit at Rs 34 crore for the quarter ended March 31, 2013 on a y-o-y basis. The full year net profit stood at Rs 102 crore, compared to Rs 55 crore in 2011-12, the bank said in a regulatory filing with the BSE.

Deposits grew 32 per cent at Rs 8,364 crore while advances at Rs 6,586 crore witnessed a 25 per cent rise. The net interest margin was 3.34 per cent while CAR was 13.61 per cent as on March 31, 2013. Net non-performing assets stood at 0.75 per cent, up from 0.57 per cent on March 31, 2012.

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