Aug 3, 2020
Dhanlaxmi Bank Q1 profit tumbles 69% on higher bad loan provisioning
Dhanlaxmi Bank Q1 profit tumbles 69% on higher bad loan provisioning
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Private sector Dhanlaxmi Bank on Monday posted a 69 per cent decline in its net profit at Rs 6.09 crore for the first quarter ended June 2020 due to higher provisioning.
The bank had registered a net profit of Rs 19.84 crore during the same quarter of the previous fiscal.
On a sequential basis, however, its net profit in the…
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