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DBS Bank India profit jumps 49% on lower costs, better asset quality

News ·

DBS Bank India reported a significant 49% net profit increase. Advances grew fifteen percent while expenses and provisions saw a decrease. Total income fell seven percent to Rs 10,591 crore for the year. Gross NPAs dropped to 1.34 percent, reflecting improved asset quality. The bank's capital adequacy stood at 19.7 pe…

What this means

This story is part of Rail 24's ongoing rail coverage. We summarise reporting from News so you can quickly scan what changed and why it matters for travellers, commuters and the wider Indian transport sector, then read the full original article at the source. Rail 24 aggregates trusted rail sources and refreshes them continuously so you always see the latest developments in one place.

This rail update was reported by News on and curated by Rail 24. For the complete report, visit the original source below.

Read the full story at News

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> 48 hours 12 - 48 hours 4 - 12 hours < 4 hours Departed
More than 48 hours remaining before scheduled departure.
Refund Amount
₹530
Will be credited to your account
Cancellation Deduction
₹120
Flat charges for class

Calculation Breakdown

Original Fare Paid: ₹650
Deduction Applied: - ₹120
Estimated Refund: ₹530
IRCTC Rule Applied:

For confirmed tickets cancelled more than 48 hours before scheduled train departure, a flat cancellation fee is deducted depending on the travel class.

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