Dhanalakshmi Bank Limited nets Rs.16 crore
150 branches brought under Centralized Banking Solution

Visakhapatnam, July 31, 2007

150 branches brought under Centralized Banking Solution

The Deputy General Manager VS Somanath of Dhanalakshmi Bank Limited has brought its 150 branches under Centralized Banking Solution. Speaking to media, he said that 95 percent of bank's business stood covered under core banking.

He said that the bank registered a net profit of Rs. 16.14 crore in the financial year 2006-07 as against last year's net profit of Rs. 9.52 crore.

The deposits have crossed Rs. 3,088 crore as on March 31 while the advances at Rs. 1928 crore he said.

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