DCB Bank reflects pain of small businesses but valuation still attractive
Analysts are concerned that DCB Bank would see disproportionate impact of the lockdowns on its asset quality in the first quarter mainly due to its borrower profile
Analysts expect DCB Bank's growth to accelerate and move towards a higher return on equity
Small businesses were hit hard last year due to the pandemic and remain vulnerable this time too as a second wave grips the country. While lockdowns are localised and less strict than the nationwide restrictions of last year, small businessmen have been disproportionately hit because of their vulnerability.
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