DCB Bank to take a call on raising further capital in Q4 FY20, says MD

Q4 net up 50%; NIM to compress for two quarters on raising further capital in Q4 FY20

Private sector lender DCB Bank said today that it will take a call on raising further capital in the fourth quarter of the current financial to support growth plans for the medium term.

“We do for next six to nine months I do not see us requiring any capital. As the year progresses, we will see the trajectory of performance and evaluate requirements. After December 2019 we will have a look at it,” said Murali M Natrajan, managing director and chief executive officer, DCB Bank.

The bank's capital adequacy ratio was 16.81 per cent at the end of March 2019. Of which