Dhanlaxmi Bank reports 7% growth in total deposits during Q4FY21

08 Apr 2021

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. 

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