Dhanlaxmi Bank bets on higher NIM, rising expenses a worry

Dhanlaxmi Bank’s second quarter net profit nearly three fold to Rs 4.35 crore year-on-year, driven by a whopping 90% growth in net interest income (NII) and fee based income. The bank’s total business grew 45% Y-o-Y to Rs 23,945 crore as on September 30, 2011.

October 21, 2011 / 15:24 IST

Moneycontrol Bureau

first published: Oct 21, 2011 02:20 pm

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Dhanlaxmi Bank bets on higher NIM, rising expenses a worry

Dhanlaxmi Bank’s second quarter net profit nearly three fold to Rs 4.35 crore year-on-year, driven by a whopping 90% growth in net interest income (NII) and fee based income. The bank’s total business grew 45% Y-o-Y to Rs 23,945 crore as on September 30, 2011.

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