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DCB Bank Q1 PAT seen up on loan growth, asset quality

MUMBAI – DCB Bank Ltd. is expected to report a surge in its on-year net profit for the June quarter driven by healthy growth in loans and stable asset quality. However, the net profit is likely to decline on a sequential basis due to higher operational costs, provisions, and slippages in the June quarter due to seasonal factors, according to brokerages tracking the bank. The private sector bank is expected to report a net profit of INR 1.9...

Ujjivan Small Fin Bk Q1 PAT seen sharply up on loan growth

MUMBAI – Ujjivan Small Finance Bank Ltd. is expected to report nearly three times higher net profit on year for the June quarter on the back of improved asset quality, sustained and diversified loan growth, and a sharp decline in on-year provisions, according to brokerages tracking the bank. The bank's net interest income is expected to increase both on year and sequentially due to a stable net interest margin and an increas...
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