Annual Report 2014-2015 of Dhanlaxmi Bank

It is a broadly described annual report of Dhanlaxmi Bank in the year of 2014-2015. During the financial year, The Bank’s total Business as stood at Rs. 20503.58 Crore as against Rs. 20338.97 Crore as on 31^st March 2014 and registered a growth of 0.81%. The total deposits of the Bank increased to Rs. 12381.68 Crore from Rs. 12133.21 Crore as on 31^st March 2014 registering a growth of 2.05%. The bank’s operating profit during the year was Rs. 16.58 Crore as against Rs. 6.07 Crore during the previous year. The bank declared a net loss of Rs. 241.47 Crore during the year under report and the same at the previous year was Rs. 251.82 Crore. The Bank’s Paid up capital and reserves was Rs. 723.85 Crore as on 31^st March 2015.

The Board of Directors of the bank during the year 2014-15, regrettably no dividend could be recommended to the shareholders.

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