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DCB Bank Q1: Profit Jumps 36% To Rs 213 Crore As Asset Quality Improves, Provisions Fall

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...

MS Dhoni Shatters Quinton de Kock's T20 Record To Claim Stunning Feat

One of the finest cricketers to ever play the Gentleman's Game, MS Dhoni continues to break records even at the age of 41. Up against Sunrisers Hyderabad (SRH) in an Indian Premier League (IPL) 2023 match on Friday, Dhoni smashed T20 cricket 'world record' as he went on to become the wicket-keeper with the most number of catches in the shortest format of the game. It was Quinton de Kock who earlier held the record but he was surpassed by the Chennai Super Kings (CSK) skipper in the list.

Dhoni and De Kock were tied at the No. 1 spot before the match started, with both taking a total of 207 catches in T20 cricket. After Dhoni grabbed the catch of Aiden Markram on the bowling of Maheesh Theekshana in the match, he went past De Kock to make the numero uno spot solely his own.

Dhoni isn't the only Indian in the top 5. Royal Challengers Bangalore wicket-keeper Dinesh Karthik is only three catches behind Dhoni in the list.

Wicketkeepers with most catches in Men's T20 cricket:

  1. 208 - MS Dhoni
  2. 207 - Quinton de Kock
  3. 205 - Dinesh Karthik
  4. 172 - Kamran Akmal
  5. 150 - Denesh Ramdin

In the match against the Sunrisers, Dhoni also produced a stumping effort and a run-out. In total, the 41-year-old veteran of the game was directly involved in three different dismissals in the game.

The Super Kings produced a brilliant effort with the ball, limiting the SunRisers to just 134/7 in 20 overs. Ravindra Jadeja was the superstar with the ball for the 4-time champions, bagging three wickets for 22 runs in the match.



from NDTV News- Special https://ift.tt/aZKA5fV

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