KN
Kavya Nair• 5d ago
Dhanlaxmi Bank reported a 20% increase in Q4 business to ₹33,773 crores compared to the same period last year. The growth was driven by a 16.4% rise in deposits and a more significant 24% increase in advances.
Dhanlaxmi Bank reported a 20% increase in Q4 business to ₹33,773 crores compared to the same period last year. The growth was driven by a 16.4% rise in deposits and a more significant 24% increase in advances.
Dhanlaxmi Bank experienced a significant 19.7% growth in its business during FY26, mainly due to a remarkable increase of 71.4% in gold loans. Currently, the bank's shares are trading at Rs. 22.02, but have dipped by 2.1%. The bank's P/E ratio stands at 10.1.