Mumbai, April 24 -- Private sector lender DCB Bank on Wednesday reported Profit After Tax (PAT) for Q4 FY 2024 at Rs 156 crore, up from Rs 142 crore recorded in the same period of the previous fiscal year, indicating a robust growth of 9%.

For the entire fiscal year 2024, the Singapore-headquartered banks PAT stood at Rs 536 crore, compared to Rs 466 crore in FY 2023, reflecting a commendable growth rate of 15%.

Advances witnessed a year-on-year growth of 19%, with specific sectors such as mortgages growing at 22%, co-lending at 23%, construction finance at 26%, and agri inclusive banking at an impressive 30%. deposit growth also remained strong at 20%.

Regarding asset quality, the Gross Non-Performing Assets (NPA) as of March 31, 2024...