DCB Bank aims to maintain the growth of loans and deposits at 18-20% for the current financial year, MD & CEO Praveen Kutty said.

As on September 30, the bank reported a loan growth of 19.14% and a deposit growth of 18.8% on-year.

On the macro front, Kutty acknowledged that the recent GST reforms have generated positive expectations, it augurs well for the impact coming into the festive season. “We eagerly await a full payment cycle to get completed for assessing the impact,” he said. “The immediate uptick has been in third-party distribution, where consumers are paying less. But the tax credits that insurance companies used to get are gone, so there is an impact on the distribution income.”

He added that the repo rate cut has had a more visible impact on consumer behaviour. “EMIs have

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