DCB Bank reported results for second quarter ended September 30, 2022.
The bank has reported rise of 73.01% in its net profit at Rs 112.35 crore for Q2FY23 as compared to Rs 64.94 crore for the corresponding quarter previous year. Total income of the bank increased by 13.67% to Rs 1,099.21 crore for the quarter under review as compared to Rs 967.01 crore for the same quarter in the previous year.
DCB Bank is one of the emerging private sector banks in India. The Bank is amongst the first private sector banks to waive advisory fee and service charge for Mutual Fund investment.
