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Dhanlaxmi Bank reports 6% growth in gross advances in Q4FY24

03 Apr 2024 Evaluate

Dhanlaxmi Bank’s gross advances stood at Rs 10409 crore (provisional) as of March 31, 2024 (Q4FY24), posting a 5.63% rise in year-on-year (YoY) terms against Rs 9854 crore as of March 31, 2023. Total deposits grew 6.80% to Rs 14259 crore (provisional) as of March 31, 2024, as compared to Rs 13351 crore as of March 31, 2023.

CASA stood at Rs 4381 crore (provisional) as of March 31, 2024, posting a 2.84% rise in year-on-year terms against Rs 4260 crore as of March 31, 2023. Total Business of the bank grew 6.30% to Rs 24668 crore (provisional) as of March 31, 2024, as compared to Rs 23205 crore as of March 31, 2023. 

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 736.00
ICICI Bank 1424.00
Axis Bank 1231.50
Kotak Mahindra Bank 459.00
Indusind Bank 862.10
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