DCB Bank · tone and specificity signals across the available quarters.
Language signals
We stockpiled liabilities, turned our sourcing engine towards safer assets. In Q1, gold was a driver. We grew sufficiently at 75% LTV where others go to 85%. When gold was ₹17,000/gram and we had given 85% LTV, it would have become 100% LTV at ₹14,400.
We don't want to be kind of relying on co-lending for our growth. Organic will pick up, co-lending will not be at 12.5%, it will be somewhere around 13-14% range but we have the luxury to go all the way up to 15% as per our internal ceiling.
If you look at our cost deposit over the last five quarters: 7.12, 6.96, 6.86, 6.84, 6.71. In Q4 when most banks were scrambling for deposit at 6.84 we still got 20% growth and brought down 14bps. That's the best way to answer - by doing it consistently quarter after quarter.
Consistency, predictability, and repeatability... this continues to be a key cornerstone of our business strategy.
Our slippage ratio for the quarter at 3.08% is the lowest we had in 18 quarters.
We have grown 18.5% in advances and 19.5% in deposits with less number of employees than we had in Q3 of last year.
This is the eighth successive quarter... the bank continues to grow in line with the stated milestones and the objectives.
We moved from managing NPA to managing one DPD... what you see in March is the result of those activities.
If you continue performing like this, the next raise will be at a different level.