DCB Bank has reported results for third quarter ended December 31, 2022.
The bank has reported rise of 51.05% in its net profit at Rs 113.85 crore for Q3FY23 as compared to Rs 75.37 crore for the corresponding quarter previous year. Total income of the bank increased by 17.13% to Rs 1,167.15 crore for the quarter under review as compared to Rs 996.42 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.
