Dhanlaxmi Bank Appoints Sujatha Jaganathan as Additional Director

Reserve Bank of India appointed Smt. Sujatha Jaganathan, General Manager at RBI, as Additional Director on Dhanlaxmi Bank's Board, replacing Shri. D.K Kashyap for a two-year term from November 19, 2025 to November 18, 2027. The appointment brings over 23 years of RBI experience in areas including Bank Supervision, Currency Management, and Financial Inclusion to the bank's leadership.

Three Financial Institutions Report Mixed September Quarter Results

Capital Small Finance Bank reported a 5% increase in net profit to Rs 35 crore despite higher provisions of Rs 16 crore and gross NPAs rising to 2.70%. The bank's gross advances grew 18% to Rs 7,907 crore while deposits increased 20% to Rs 9,317 crore. Net interest margin declined to 4% from 4.10% in the previous quarter. Satin CreditCare posted a 19% jump in net profit to Rs 45 crore with net interest margins improving to 14.69% from 13.68% the previous year. Net interest income rose 12.8% to Rs 404 crore and disbursements grew 6.4% to Rs 2,275 crore. Dhanlaxmi Bank turned profitable with Rs 12.18 crore net profit compared to Rs 8 crore loss in the previous year. The bank's net interest income surged 39.3% to Rs 139 crore, though gross NPAs increased to 3.22% from 2.98%. Total deposits grew 17% to Rs 17,103 crore and gross advances rose 18% to Rs 12,779 crore.

Dhanlaxmi Bank Reports Mixed Q2 Results with Revenue Growth but Lower Profit

Dhanlaxmi Bank reported quarterly net profit of 232 million rupees, down from 258 million rupees year-over-year. Revenue increased to 3.84 billion rupees from 3.3 billion rupees compared to the same period last year. The bank's asset quality showed improvement with Gross Non-Performing Assets (GNPA) declining to 3.10% from 3.22% quarter-over-quarter, while Net Non-Performing Assets (NNPA) decreased slightly to 1.12% from 1.13% quarter-over-quarter.