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Dhanlaxmi Bank reports growth at 12% yoy; deposits up by 10.6%
Dhanlaxmi Bank, a private sector bank, reported a 12% year-on-year growth in its advances, with deposit mobilization showing a slightly slower increase of around 11%. As of the end of December, the bank's gross advances reached Rs 10,347 crore. The bank shared the business update after the market hours. Its share price rose 0.75% to Rs 30.95 on BSE.