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Dcb Bank Rtgs Form

Dcb Bank Rtgs Form

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it's been a steady quarter for DCB Bank as well we've got Mr murin natrajan the managing director and CEO joining in live to talk a little bit more about the outlook on the bank let's begin by discussing your net interest margins as well in terms of the fact that we've seen a surge in the cost of funds your margins still continue to expand so what's the outlook for FY 24 there so our business model is operating on a margin of somewhere between 370 to 375 basis point we have two types of books in our uh advances one is linked to mclr uh where as in when cost of funds change we can change the mclr however we pass it on to customer on a quarterly basis with respect to ELR it is linked to policy rates of Reserve Bank of India so as in when that changes is when we make the change in ELR now what has happened is there has been some changes in the ELR in the past uh few months however the cost of funds is still to catch up because uh deposit rates have

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