Dhanlaxmi Bank Q3 Results: Profit tanks 86% YoY to Rs 3 croreThe bank's operating profit for the quarter was 59% lower at Rs 22.3 crore against Rs 54.3 crore earlier. Net interest income compressed to...
02 Feb, 2024, 06.52 PM IST
Dhanlaxmi Bank shares jump 11% after lender swings to profit in June quarter with Rs 28 PAT vs Q1FY23 lossThe interests earned during the quarter stood at Rs 289.14 crore, up 12% year-on-year from Rs 258.37 crore in Q1FY23. Interest expended was...
31 Jul, 2023, 04.18 PM IST
Dhanlaxmi Bank's net profit higher at Rs 23.4 crore, asset quality improvesThe bank's operating profit for the reporting quarter was at Rs 63.6 crore against an operating loss of Rs 12.9 crore in the corresponding ...
19 May, 2022, 04.43 PM IST
Dhanlaxmi Bank Q3 results: Net profit plunges 44% to Rs 12 crThe total income was almost flat at Rs 286.21 crore during October-December of this fiscal, as against Rs 285.85 crore a year ago, the bank...
09 Feb, 2021, 08.55 PM IST
Dhanlaxmi Bank shareholders reject appointment of Sunil Gurbaxani as CEOThe bank’s gross non-performing assets ratio jumped to 6.89% at the end of June from 5.90% three months back. Gross NPA was 7.61% a year ba...
30 Sep, 2020, 07.24 PM IST
1,100% returns in 10 years! This 100-year-old lender is defying banking troubleWith a workforce of over 5,000 employees, the bank caters mainly to south India.
10 Oct, 2019, 05.19 PM IST
RBI says banks under PCA report slower NPA growth in FY18The PCA banks have also increased recoveries, while containing the growth in advances and deposits, reducing riskiness of assets and focusi...
28 Dec, 2018, 06.52 PM IST
Is the worst 'finally' over for PSU bank stocks?Despite the huge losses, the stock market has not reacted negatively to the banking sector results. So is the worst finally over for the se...
18 Jun, 2018, 06.30 AM IST
Dhanlaxmi Bank board suggests names for CEO post, RBI yet to respondThe bank’s board is against extending a fresh term to current incumbent Sreeram, who is said to be not on the best of terms with the other ...
21 May, 2018, 06.10 PM IST
Frauds cost Rs 18,170 crore to banking sector in FY17: ReportWhile Bank of Maharashtra reported 3,893 cases of fraud, ICICI Bank came a close second with 3,359 cases and HDFC Bank the third with 2,319...
29 Mar, 2018, 07.47 PM IST
Here's how you can check the financial health of your bankWith one scam tumbling out after another, it’s time to check the health of banks in your portfolio. Here's how to understand the critical i...
26 Feb, 2018, 07.44 PM IST
Andhra, UBI earnings create jitters on PSB counter; SBI, others may take hitUntil now, the numbers from the PSBs were quite healthy and experts were expecting to see some improvement in the commentaries.
08 Aug, 2016, 08.38 AM IST
Dhanlaxmi CAR falls below norm on higher provisionsHowever, shares of the bank rose 7.2% to Rs 19.30 on BSE on Tuesday as rumours made the rounds that the bank would be acquired by a new age...
01 Jun, 2016, 05.40 AM IST
Dhanlaxmi Bank registers Q3 profit at Rs 17.10 croreDhanlaxmi Bank today posted a net profit of Rs 17.10 crore for the third quarter ended December 31, 2014 despite a rise in bad loans.
12 Feb, 2015, 05.41 PM IST
United Bank, Dhanlaxmi Bank have high NPA ratios: FinMinNPAs of PSU banks as a whole stood at 5.29 per cent, for private banks at 2.05 per cent and for foreign banks at 3.90 per cent at the end o...
16 Dec, 2014, 04.02 PM IST
Govt links increments to staff performance of public sector banks, unions hold the keyState-owned banks are facing their worst period in more than a decade as mounting bad loans cripple earnings.
07 Mar, 2014, 04.25 AM IST
RBI pulls Dhanlaxmi Bank for rise in bad loans, appoints Manoranjan Dash as director on bank's boardThe lender's net non-performing assets had increased to 261 crore at the end March 2013 as against Rs 42 crore at the end of March 2010.
06 Aug, 2013, 04.09 AM IST