Dhanlaxmi Bank gross advances up over 4% by March; deposits rise over 7%

By Press Trust of India8 days ago

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Private sector lender Dhanlaxmi Bank witnessed over 7 per cent year-on-year growth in its total deposits during the financial year ended March 2021, while advances rose over 4 per cent.

In a business update for the financial year ended March 31, 2021, the lender said its gross advances were up by 4.75 per cent to Rs 7,121.94 crore as on March 31, 2021, as against Rs 6,798.89 crore as of March-end 2020.

The total deposits moved up by 7.29 per cent to Rs 11,699.15 crore as compared with Rs 10,904.07 crore by the year-ago same period, Dhanlaxmi Bank said in a regulatory filing.

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