Dhanlaxmi Bank Q2 Business Update: Total Business at ₹25,649 Cr, Deposits Grow 5.89% YoY to ₹14,631 Cr; Gold Loans Surge Nearly 30%

Dhanlaxmi Bank has released its Q2 business performance highlights for the quarter ending September 30, 2024:

  • Total Business: ₹25,649 crore, reflecting a 6.3% increase year-over-year.
  • Total Deposits: Up 5.89% YoY, reaching ₹14,631 crore.
  • CASA Deposits: Grew by 7.97% to ₹4,633 crore.
  • Gross Advances: Increased by 6.86%, totaling ₹11,018 crore.
  • Gold Loans: Notably surged 29.93% to ₹3,373 crore.

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The figures are provisional, pending statutory auditor review, indicating the bank’s robust growth, particularly in its gold loan portfolio and overall deposits.