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Dhanlaxmi Bank reports 7% growth in total deposits during Q4FY21

08 Apr 2021 Evaluate

Dhanlaxmi Bank recorded total deposits (provisional) of Rs 11699.15 crore in Q4FY21 rising by 7.29% from Rs 10904.07 crore a year ago same period. The bank witnessed Gross Advances (provisional) of Rs 7121.94 crore in the fourth quarter ending March 2021 (Q4FY21) period, registering a 4.75% rise from advances of Rs 6798.89 crore in the corresponding period of the previous year.

The bank's Gold Loan stood at Rs 1883.07 crore in Q4FY21 increasing by 48.13% Year on Year (YoY). While the CASA ratio was at 33.40% in Q4FY21 versus 29.80% in Q4FY20.

Dhanlaxmi Bank was incorporated in 1927 by group of entrepreneurs at Thrissur located in Kerala. Bank's focus has always been on customizing services and personalizing relations. 

Peers
Company Name CMP
HDFC Bank 729.45
ICICI Bank 1332.00
Axis Bank 1186.50
Kotak Mahindra Bank 405.30
Indusind Bank 920.20
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