Decoding Dhanlaxmi Bank Q1 Earnings with T Latha
  • WebDesk BTVI
  • Jul 17 2019

T Latha, Managing Director of Dhanlaxmi Bank, gives an overview of the bank’s quarterly earnings and says net income stood at Rs 19.84 crore vs Rs 44.99 crore (YoY), provisions were pegged at Rs 9.27 crore vs Rs 65.01 crore (YoY). She says the bank’s gross NPA was at 7.61% vs 7.47% (QoQ) while net NPA was at 2.35% vs 2.41% (QoQ). She says the bank’s aim is to maintain NIMs at current level going ahead and bring gross NPA below 7%.