BBN Bureau
KOCHI/April 03-2022: The Thrissur-based Dhanlaxmi Bank’s gross advance grew by 18.59 per cent year-on-year, from Rs7122 crore to Rs8446 crore as of March end, 2022.
Sequentially, the gross advance increased from Rs7552 crore to Rs8446 crore, representing a growth of 11.84 per cent.
The smart improvement in the loan book has helped the credit-deposit ratio (CD ratio) grow from 60.81 per cent to 68.15 per cent year on year whereas the sequential growth was 5.74 per cent – from 60.81 per cent to 68.15 per cent as of March 31, 2022.
The current account/Savings account (CASA) ratio also saw a marginal improvement year on year from 33.37 per cent to 34.30 per cent.
While the deposits witnessed a year-on-year growth of 5.81 per cent – from Rs11,712 crore to Rs12,393 crore, the total business expanded by 10.65 per cent year on year, from Rs18,834 crore to Rs20,839 crore.
