Dhanlaxmi Bank Q1 update: Lender reports 17.1% growth in deposits, 26.5% rise in gross advances

Private sector lender Dhanlaxmi Bank on Wednesday (July 1) reported provisional business updates for the quarter ended June 30, 2026, with total deposits rising 17.1% year-on-year to ₹19,403 crore and gross advances increasing 26.47% to ₹15,785 crore.

The bank's total business stood at ₹35,188 crore as of June 30, 2026, up 21.12% from ₹29,051 crore a year earlier.

Its CASA deposits rose 19.55% year-on-year to ₹5,589 crore, while the gold loan portfolio grew 75.91% to ₹7,105 crore. MSME advances increased 29.24% year-on-year to ₹2,250 crore.

In the previous quarter, the lender's total business increased 19.68% to ₹33,733 crore from the previous year's ₹28,219 crore. It also increased sequentially from ₹31,929 crore.

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The total deposits were up 16.42% at ₹18,643 crore from ₹16,013 crore in the fourth quarter of the previous fiscal. Dhanlaxmi Bank's gross advances were up 23.96% at ₹15,130 crore from the previous year's ₹12,206 crore.

The stock of Dhanlaxmi Bank ended at ₹31.69, up 0.38%. The shares of the lender have jumped 26.8% in the year so far.

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