INSUBCONTINENT EXCLUSIVE:
New Delhi: Private sector lender Dhanlaxmi Bank Friday reported a net profit of Rs 16.90 crore for third quarter ended December 2018.
The
bank had posted a loss of Rs 21.74 crore in corresponding period of previous financial year.
Total income rose to Rs 272.16 crore during
quarter under review as against Rs 270.11 crore in year-ago period, it said in a regulatory filing.
Gross non-performing assets (NPAs) rose
to 8.11 per cent of total advances, from 6.96 per cent at end of third quarter of 2017-18.
However, net NPAs declined to 2.93 per cent from
4.08 per cent a year ago.
