Dhanlaxmi Bank recorded total deposits of Rs 12090 crore in Q3FY22 rising by 5.53% from Rs 11456 crore a year ago same period. The bank witnessed Gross Advances of Rs 7557 crore in the third quarter ending December 2021 (Q3FY22) period, registering a 10.53% rise from advances of Rs 6837 crore in the corresponding period of the previous year.
The bank's CASA stood at Rs 4007 crore in Q3FY22 increasing by 8.30% Year on Year (YoY). While the CASA ratio was at 33.14% in Q3FY22 versus 32.30% in Q3FY21.
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.