Comments
Dhanlaxmi Bank reported a 10.53 per cent year-on-year (y-o-y) growth in gross advances to ₹7,557 crore as of December-end 2021 against ₹6,837 crore as of December-end 2020. During the third quarter (Q3) of FY22, the private sector bank’s gross advances rose by ₹586 crore.
The Bank’s total deposits were up 5.53 per cent y-o-y to ₹12,090 crore as of December-end 2021 against ₹11,456 crore as of December-end 2020, as per provisional business updates notified by the Bank to the exchanges.
During Q3, Dhanlaxmi Bank’s total deposits increased by ₹172 crore. The incremental credit-deposit ratio was at about 341 per cent in Q3. The proportion of low-cost current account, savings account (CASA) deposits rose to 33.14 per cent of total deposits as of December-end 2021 against 32.30 per cent as of December-end 2020.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.