Dhanslaxmi Bank has reported its business performance for the quarter ending December 31, 2024, with strong growth across key financial indicators, demonstrating resilience and strategic growth in a competitive banking environment.
1. Total Business
Dhanslaxmi Bank reported a growth of 7.26% in its total business for the quarter ending December 31, 2024, reaching a value of ₹26,443 Crore. This marks a healthy increase from ₹24,654 Crore recorded in the same period the previous year.
2. Total Deposits
The bank’s total deposits grew by 5.07% year-on-year, reaching ₹15,067 Crore for the quarter ending December 31, 2024, compared to ₹14,340 Crore at the end of December 2023.
3. CASA
The Current Account Savings Account (CASA) deposits stood at ₹4,602 Crore for the quarter ending December 31, 2024, reflecting a 3.18% increase compared to ₹4,460 Crore in December 2023.
4. Gross Advances
Gross advances of the bank grew by 10.30% year-on-year, amounting to ₹11,376 Crore as of December 31, 2024, compared to ₹10,314 Crore for the same quarter the previous year.
5. Gold Loans
Gold loans showed remarkable growth, rising by 32.82% year-on-year, reaching ₹3,553 Crore as of December 31, 2024. This sharp increase from ₹2,675 Crore in December 2023,
