Dhanlaxmi Bank has released its business performance updates for the financial year ended March 31, 2025, showcasing significant growth across key financial metrics.
Key Highlights of Dhanlaxmi Bank’s Business Performance
1. Total Business Growth
The total business of Dhanlaxmi Bank surged to ₹28,219 crore as of March 31, 2025, compared to ₹24,687 crore in the previous year. This marks an impressive year-on-year (Y-o-Y) growth of 14.31%.
2. Increase in Total Deposits
Total deposits witnessed a 12.06% Y-o-Y growth, reaching ₹16,013 crore in FY 2024-25, up from ₹14,290 crore as of March 31, 2024.
3. CASA Growth
Dhanlaxmi Bank’s Current Account and Savings Account (CASA) deposits increased to ₹4,647 crore, reflecting a 6.07% growth compared to the previous year.
4. Strong Growth in Gross Advances
The bank’s gross advances surged by 17.40%, reaching ₹12,206 crore in FY 2024-25, up from ₹10,397 crore in the previous fiscal year.
5. Gold Loan Segment Flourishes
One of the standout performances for Dhanlaxmi Bank was in the gold loan segment. The gold loan portfolio grew by a remarkable 33.81%, reaching ₹3,799 crore, compared to ₹2,839 crore in FY 2023-24.