Annual Report 2012-2013 of Dhanlaxmi Bank

It is a broadly described annual report of Dhanlaxmi Bank in the year of 2012-2013. During the financial year, The Bank’s total business stood at Rs. 19156.13 Crores as on 31^st March 2013 as against Rs. 20635.26 Crores as on 31^st March 2012. Total deposits of the Bank as on 31^st March 2013 stood at Rs. 11202.13 Crores, in which net Inter-Bank Deposits were only Rs. 494 Crores. The Bank Achieved Operating Profit of Rs. 51.40 Crores for FY 13 against Operating Loss of Rs. 97.90 Crores for FY 12. As against a net loss of Rs. 115.63 Crores for the previous year, the Bank posted a net profit of Rs. 2.62 Crores in the current year. The Bank’s Capital and Reserves increased from Rs. 728.25 Crores as on 31^st March 2012 to Rs. 765.99 Crores as on 31^st March 2013.

The Board of Directors of the bank has no dividend could be recommended to the shareholders as the Bank needs to garner more profits to do so.

More Annual Report of Dhanlaxmi Bank: