DCB Bank Ltd. reported a 35.5% year-on-year rise in first-quarter net profit as lower provisions and improving asset quality offset pressure on margins. The private lender posted a net profit of Rs 213 crore for the quarter ended June 30, compared with Rs 157 crore a year earlier, according to an exchange filing on Friday. Net interest income rose 17.7% to Rs 684 crore from Rs 581 crore in the corresponding quarter last year. Asset quality improved sequentially, with the gross non-performing asset ratio easing to 2.43% from 2.45% at the end of March, while the net NPA ratio declined to 0.84% from 0.89%. ALSO READ: DCB Bank Q4 Results: Net Profit Jumps 16% To Rs 206 Crore; Dividend Declared Provisions more than halved to Rs 57 crore from Rs 115 crore a year ago and fell from Rs 69 crore in the preceding quarter, supporting earnings growth. The bank said advances grew 17% year-on-year, while deposits increased 20%, reflecting continued business momentum. Capital adequacy r...
Actor Saanvi Talwar has spoken about one of the most controversial incidents from her television career, revisiting her experience of working with Karan Kundra and sharing her version of events years after the controversy made headlines. In an interview with Telly Masala , the actress alleged that Karan Kundra had shown interest in her and also recalled an on-set incident that, according to her, left her deeply shaken. "He Was Interested In Me, Not Me In Him" Addressing long-standing speculation about their equation, Saanvi claimed that it was Karan Kundra who was interested in her. "He was interested in me, not me in him," Saanvi said. She also revealed that certain scenes during the shoot made her uncomfortable. According to the actress, a bathroom scene was particularly difficult for her, prompting her to seek help instead of staying silent. Saanvi said she approached Karan Kundra's then-girlfriend, Anusha Dandekar, and spoke to her about how sh...