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Wednesday, 17 July 2019

DCB Bank Announces First Quarter FY 2020 Results

By 121 News

Chandigarh 17th July:- The Board of Directors of DCB Bank Ltd. (BSE: 532772; NSE: DCB) at its meeting in Mumbai on July 16, 2019, took on record the limited reviewed financial results of the first quarter (Q1 FY 2020).

Speaking on the Q1 FY 2020 results Murali M. Natrajan, Managing Director & CEO said that we are focusing on granular retail term deposits in order to further improve our  deposit profile. Some margin pressure will be felt for two more quarters beyond which we expect stability due to the repricing profile of long term refinance and renewal cycle of customer deposits.

 

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