Dhanlaxmi Bank reported a 21.12% year-on-year increase in total business to ₹35,188 crore for the quarter ended June 30, 2026. The bank’s total deposits grew by 17.10% to ₹19,403 crore, up from ₹16,570 crore in the same period last year. Gross advances rose 26.47% to ₹15,785 crore, compared to ₹12,481 crore in the previous year.

The growth in advances was primarily driven by a significant surge in gold loans, which increased by 75.91% to ₹7,105 crore from ₹4,039 crore in the corresponding quarter of the previous year. MSME advances also saw a rise, growing 29.24% to ₹2,250 crore from ₹1,741 crore. The bank’s Current Account Savings Account (CASA) deposits improved by 19.55% to ₹5,589 crore.

The data is provisional and subject to review by the Statutory Auditors of the Bank. The disclosures were made pursuant to Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the Bank's Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information.

Business Performance Summary

Dhanlaxmi Bank Ltd has appointed Mr. Krishnakumar K as its Chief Financial Officer for a period of three years from the date he assumes charge, succeeding Ms. Kavitha T.A. The Board approved the appointment at its meeting held on June 15, 2026. The specific date on which Mr. Krishnakumar K will take charge is yet to be informed.

Mr. Krishnakumar K has been appointed in the grade of General Manager. He is a Fellow Member of the Institute of Chartered Accountants of India and brings extensive experience to the role. His career spans 30 years, including 22 years specifically in financial reporting and taxation.

Professional Background

Prior to this appointment, Mr. Krishnakumar K served as the Chief Financial Officer of ESAF Financial Holdings Pvt Ltd. He retired as an Executive Vice President of Federal Bank Ltd, where he spent 30 years. During his tenure at Federal Bank Ltd, he headed financial reporting and taxation for 12 years. His experience covers overall supervision and control of financial reporting, taxation, and compliance functions, along with capital raising and credit-related activities.

Appointment Details

The following table summarizes the key details of the appointment:

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The necessary disclosures as required under the SEBI Master Circular were enclosed with the regulatory filing.