Annual Report 2016-2017 of Dhanlaxmi Bank

It is a broadly described annual report of Dhanlaxmi Bank in the year of 2016-2017. During the financial year, The Bank’s total Business as stood at Rs. 17976.69 Crore as against Rs. 18737.77 Crore as on 31^st March 2016. The total Deposits of the Bank stood at Rs. 11293.68 Crore as on 31^st March 2017 as against Rs. 11353.76 Crore as on 31^st March 2016. The bank’s operating profit during the year was Rs. 94.07 Crore as against Rs. 3.28 Crore during the previous year. For FY 2016-17 Net profits grew by 105.91% to Rs. 12.38 Crore from a loss of Rs. 209.45 Crore in FY 2015-16. The Bank’s Paid up capital and reserves was Rs. 658.48 Crore as on 31^st March 2017.

The Board of Directors of the bank has not recommended any dividend in the financial year 2016 – 2017.

More Annual Report of Dhanlaxmi Bank: