GENERAL1 Oct 2026
Dhanlaxmi Bank advances rise 22% in Q2, gold loans jump 53% - CNBC TV18
Dhanlaxmi Bank's advances grew 22% year on year in the September quarter, and its gold loan book jumped 53%. Total business crossed ₹36,500 crore. For a small business owner, that signals strong demand for gold loans, which many use when cash flow is tight. If you plan to pledge gold, compare interest rates and charges across banks first.
Key Statutory Highlights
- Dhanlaxmi Bank's advances rose 22% year on year in the September quarter.
- Its gold loan portfolio surged 53% during the same quarter.
- The bank's total business crossed ₹36,500 crore.
Actionable Advice for Taxpayers / Founders:If you are considering a gold loan, compare interest rates and other charges across banks before pledging your jewellery, and borrow only what you can comfortably repay.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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