Dhanlaxmi Bank advances rise 22% in Q2, gold loans jump 53%
Dhanlaxmi Bank's advances rose 22% YoY to ₹15,948 crore in Q2, driven by gold loans and MSME lending.
Gold loan portfolio surged 53% YoY to ₹6,823 crore, while CASA deposits grew 16.83% to ₹5,769 crore.
Total business crossed ₹36,500 crore, up 21.08% YoY, with deposits increasing 20.15% to ₹20,552 crore.
Net profit more than doubled to ₹25 crore in Q1 FY27, driven by higher lending and interest income.