desk
Share
News Topical, Digital Desk : Dhanlaxmi Bank Ltd on Saturday released its business update for the quarter ended June 2025. The bank has informed in the exchange filing that the total business has registered an annual growth of 15.8 per cent . The total business of the bank has now reached Rs 29,054 crore , which was possible due to good growth in advances and deposits .
The bank said that gross advances grew 17.3 percent year-on-year to Rs 12,484 crore in the June quarter from Rs 10,643 crore in the same quarter last year . The bank said that the gold loan portfolio contributed the most to this, which increased by 28.1 percent to Rs 4,039 crore . It remains the key growth driver of the bank .
Deposits increased by 14.7 percent
The bank's total deposits grew 14.7 per cent year-on-year to Rs 16,570 crore . Current and savings account ( CASA) deposits grew 3.8 per cent to Rs 4,675 crore . The Thrissur -based private bank said these figures are provisional and subject to audit review. Dhanlaxmi Bank is currently focusing on secured lending and working towards maintaining asset quality . Strong growth in gold loans reflects continued strength in rural and retail demand .
Stock Performance
On Friday, the bank's stock closed at Rs 30 on NSE with a decline of 0.96 percent. In the last one year, the bank's stock has seen a decline of 13.39 percent.
Read More: Stocks to Buy: These stocks are expected to rise up to 40%, investment advice received this week
--Advertisement--
