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Home Co-op News Snippets

DNS Bank crosses Rs 7,100 cr, eyes expansion

Amit Awana by Amit Awana
April 17, 2026
in Co-op News Snippets
0
DNS Bank crosses Rs 7,100 cr, eyes expansion
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Dombivli Nagari Sahakari Bank (DNS Bank) has reported a robust financial performance for the financial year ending March 31, 2026, reflecting steady growth and sound asset quality. As per the audited results, the bank’s total business mix rose to Rs 7,101.40 crore, marking a significant increase from Rs 6,365.02 crore in the previous year.

Deposits grew to Rs 4,426.28 crore compared to Rs 4,051.74 crore, while advances expanded to Rs 2,675.12 crore from Rs 2,313.28 crore, indicating healthy credit growth. The bank posted a net profit of Rs 42.94 crore, slightly lower than Rs 43.64 crore reported in FY 2024–25.

On the asset quality front, the gross NPA improved marginally to 1.09% from 1.10%, while net NPA remained at zero, underscoring strong recovery and risk management practices. The Capital Adequacy Ratio (CRAR) stood at 16.00%, maintaining a comfortable buffer above regulatory requirements.

The bank has also announced expansion plans into Karnataka and Gujarat, signaling its intent to widen its footprint. Management expressed gratitude to shareholders, customers, and well-wishers for their continued trust and support.

Tags: BreakingcooperativeCRARDNS Bankgujaratkarnataka
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