DHANBANK2024-01-012024-03-31 DHANBANK2024-01-012024-03-31 DHANBANK2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member DHANBANK2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member DHANBANK2024-03-31 DHANBANK2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue01Member DHANBANK2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue02Member DHANBANK2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue03Member DHANBANK2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue04Member DHANBANK2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue05Member DHANBANK2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue01Member DHANBANK2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue02Member DHANBANK2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue03Member DHANBANK2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue04Member DHANBANK2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue05Member DHANBANK2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults01Member DHANBANK2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults02Member DHANBANK2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults03Member DHANBANK2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults04Member DHANBANK2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults05Member DHANBANK2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults01Member DHANBANK2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults02Member DHANBANK2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults03Member DHANBANK2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults04Member DHANBANK2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults05Member DHANBANK2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets01Member DHANBANK2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets02Member DHANBANK2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets03Member DHANBANK2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets04Member DHANBANK2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets05Member DHANBANK2024-03-31 DHANBANK2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member DHANBANK2024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member DHANBANK2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities02Member DHANBANK2024-03-31in-bse-fin:OneReportableSegmentLiabilities02Member DHANBANK2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities03Member DHANBANK2024-03-31in-bse-fin:OneReportableSegmentLiabilities03Member DHANBANK2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities04Member DHANBANK2024-03-31in-bse-fin:OneReportableSegmentLiabilities04Member DHANBANK2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities05Member DHANBANK2024-03-31in-bse-fin:OneReportableSegmentLiabilities05Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 532180 DHANBANK NOTLISTED INE680A01011 Dhanlaxmi Bank Limited Banking Format Equity 2023-04-01 2024-03-31 2024-05-22 2024-05-14 INR Lakhs Yearly Multi segment 14:30:00 17:00:00 2024-05-22 2024-05-22 true Cash Flow Indirect Declaration of unmodified opinion 2024-01-01 2024-03-31 Audited Standalone 2424200000.00 587000000.00 28200000.00 22900000.00 3062300000.00 410700000.00 3473000000.00 2013700000.00 1052200000.00 581500000.00 1633700000.00 3647400000.00 -174400000.00 -281500000.00 0.00 107100000.00 74000000.00 33100000.00 0.00 33100000.00 33100000.00 2530100000.00 10.00 0.00 0.1136 0.0135 0.13 0.13 0.13 0.13 4212100000.00 1264700000.00 0.0405 0.0125 0.0008 2. The above audited financial results for the quarter and year ended 31st March 2024 were reviewed by the Audit Committee and recommended for approval to and approved by the Board of Directors at its meeting held on May 22, 2024. These Results have been subjected to Audit by the Joint Statutory Central Auditors of the Bank, M/s Krishnamoorthy & Krishnamoorthy, Chartered Accountants and M/s Sagar & Associates, Chartered Accountants and an unmodified audit opinion has been issued. 3. The above financial results of the Bank have been prepared in accordance with the provisions of the Banking Regulation Act, 1949, Generally Accepted Accounting Principles in India, including Accounting Standards as specified under Section 133 of the Companies Act, 2013, Regulation 33 and Regulation 52 read with Regulation 63(2) of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015, as amended, in so far as they apply to banks, and the guidelines issued by the RBI. 4. The Bank has consistently applied its significant accounting policies in the preparation of its financial results for the quarter/year ended March 31, 2024, as compared to those followed for the year ended March 31, 2023. 5. The financial results for the quarter and year ended 31st March, 2024 have been arrived at after making provision for tax, and other usual and necessary provisions, provisions for Non-Performing Assets, Standard Assets, restructured advances, exposures to entities with un-hedged foreign currency exposure and Non-Performing Investments as per the guidelines and prudential norms issued by the Reserve Bank of India. 6. The Capital Adequacy Ratio is computed on the basis of RBI guidelines applicable on the relevant reporting dates and the ratio for the corresponding previous period is not adjusted to consider the impact of subsequent changes if any, in the guidelines. 7. As per extant guidelines, the Banks are required to make Pillar 3 disclosures including Leverage ratio, Liquidity Coverage ratio and Net Stable Funding ratio under Basel III Framework. Accordingly, such disclosures have been placed on the website of the Bank. These disclosures have not been subjected to Audit/Review by the Joint Central Statutory Auditors of the Bank. 8. Deferred Tax Asset (DTA) has been determined at Rs. 5772 lakhs as on 31st March 2024 as against DTA of Rs. 6912 lakhs as on 31st March 2023. 9. Reserve Bank of India vide letter dated October 4, 2021 has permitted all member banks of Indian Banks' Association covered under the 11th Bipartite Settlement to amortize the additional liability on account of revision in family pension over a period not exceeding five years, beginning with the Financial Year ended March 31, 2022. The Bank had recognized the entire additional liability estimated at Rs. 1429 Lakhs and opted to amortize the same over a period of five years beginning with the financial year ended March 31, 2022. However, the Bank had amortized an amount of Rs.143 lakhs/ Rs.857 lakhs during the quarter/ financial year ended March 31, 2024 in respect of the said additional liability. With this, the entire amount of family pension stands amortized. 10. The 12th Bipartite Settlement for wage revision between staff unions and Banks represented by Indian Bank’s Association (IBA) was due from November 01, 2022. The negotiation was concluded on March 08, 2024, and the joint note for wage revision detailing the salary components and other terms were signed between staff unions and IBA. The bank has created an incremental provision of Rs. 2870 lakhs/ Rs.4585 lakhs during the quarter/ financial year ended March 31, 2024 under the head ‘Employees Cost’, towards the final increase on pay slip components agreed as per the joint note. 2023-04-01 2024-03-31 Audited Standalone 9624500000.00 2206200000.00 72600000.00 166600000.00 12069900000.00 1525600000.00 13595500000.00 7485400000.00 3312000000.00 2105500000.00 5417500000.00 12902900000.00 692600000.00 -12200000.00 0.00 704800000.00 126600000.00 578200000.00 0.00 578200000.00 578200000.00 2530100000.00 10.00 5480300000.00 0.00 0.1136 0.0135 2.29 2.29 2.29 2.29 4212100000.00 1264700000.00 0.0405 0.0125 0.0038 Other Operating Expenses 581500000.00 Other Operating Expenses 2105500000.00 2530100000.00 7767500000.00 142903100000.00 2990400000.00 3427800000.00 159618900000.00 7600300000.00 2145900000.00 39424000000.00 101021600000.00 2743400000.00 6683700000.00 159618900000.00 2. The above audited financial results for the quarter and year ended 31st March 2024 were reviewed by the Audit Committee and recommended for approval to and approved by the Board of Directors at its meeting held on May 22, 2024. These Results have been subjected to Audit by the Joint Statutory Central Auditors of the Bank, M/s Krishnamoorthy & Krishnamoorthy, Chartered Accountants and M/s Sagar & Associates, Chartered Accountants and an unmodified audit opinion has been issued. 3. The above financial results of the Bank have been prepared in accordance with the provisions of the Banking Regulation Act, 1949, Generally Accepted Accounting Principles in India, including Accounting Standards as specified under Section 133 of the Companies Act, 2013, Regulation 33 and Regulation 52 read with Regulation 63(2) of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015, as amended, in so far as they apply to banks, and the guidelines issued by the RBI. 4. The Bank has consistently applied its significant accounting policies in the preparation of its financial results for the quarter/year ended March 31, 2024, as compared to those followed for the year ended March 31, 2023. 5. The financial results for the quarter and year ended 31st March, 2024 have been arrived at after making provision for tax, and other usual and necessary provisions, provisions for Non-Performing Assets, Standard Assets, restructured advances, exposures to entities with un-hedged foreign currency exposure and Non-Performing Investments as per the guidelines and prudential norms issued by the Reserve Bank of India. 6. The Capital Adequacy Ratio is computed on the basis of RBI guidelines applicable on the relevant reporting dates and the ratio for the corresponding previous period is not adjusted to consider the impact of subsequent changes if any, in the guidelines. 7. As per extant guidelines, the Banks are required to make Pillar 3 disclosures including Leverage ratio, Liquidity Coverage ratio and Net Stable Funding ratio under Basel III Framework. Accordingly, such disclosures have been placed on the website of the Bank. These disclosures have not been subjected to Audit/Review by the Joint Central Statutory Auditors of the Bank. 8. Deferred Tax Asset (DTA) has been determined at Rs. 5772 lakhs as on 31st March 2024 as against DTA of Rs. 6912 lakhs as on 31st March 2023. 9. Reserve Bank of India vide letter dated October 4, 2021 has permitted all member banks of Indian Banks' Association covered under the 11th Bipartite Settlement to amortize the additional liability on account of revision in family pension over a period not exceeding five years, beginning with the Financial Year ended March 31, 2022. The Bank had recognized the entire additional liability estimated at Rs. 1429 Lakhs and opted to amortize the same over a period of five years beginning with the financial year ended March 31, 2022. However, the Bank had amortized an amount of Rs.143 lakhs/ Rs.857 lakhs during the quarter/ financial year ended March 31, 2024 in respect of the said additional liability. With this, the entire amount of family pension stands amortized. 10. The 12th Bipartite Settlement for wage revision between staff unions and Banks represented by Indian Bank’s Association (IBA) was due from November 01, 2022. The negotiation was concluded on March 08, 2024, and the joint note for wage revision detailing the salary components and other terms were signed between staff unions and IBA. The bank has created an incremental provision of Rs. 2870 lakhs/ Rs.4585 lakhs during the quarter/ financial year ended March 31, 2024 under the head ‘Employees Cost’, towards the final increase on pay slip components agreed as per the joint note. Corporate/ Wholesale Banking 735600000.00 Other Banking Operations 65400000.00 Retail Banking 1997900000.00 Treasury 674100000.00 Unallocated 0.00 Corporate/ Wholesale Banking 3732200000.00 Other Banking Operations 137800000.00 Retail Banking 7243100000.00 Treasury 2482400000.00 Unallocated 0.00 3473000000.00 13595500000.00 3473000000.00 13595500000.00 Corporate/ Wholesale Banking -163000000.00 Other Banking Operations 65400000.00 Retail Banking -130100000.00 Treasury 53300000.00 Unallocated 0.00 Corporate/ Wholesale Banking -134800000.00 Other Banking Operations 137800000.00 Retail Banking 353200000.00 Treasury 336400000.00 Unallocated 0.00 -174400000.00 692600000.00 0.00 0.00 -281500000.00 -12200000.00 107100000.00 704800000.00 Corporate/ Wholesale Banking 2539800000.00 Other Banking Operations 0.00 Retail Banking 4525100000.00 Treasury 2087100000.00 Unallocated 1145700000.00 10297700000.00 1145700000.00 1145700000.00 11443400000.00 Corporate/ Wholesale Banking 38858500000.00 Other Banking Operations 0.00 Retail Banking 69231700000.00 Treasury 41231000000.00 Unallocated 0.00 149321200000.00 1. Statement of Assets and Liabilities as on March 31, 2024 is given below; Rs. In lakh Particulars As on 31.03.2024 As on 31.03.2023 (Audited) (Audited) Capital and Liabilities Capital 25301 25301 Reserve and Surplus 77675 70814 Deposits 1429031 1335165 Borrowings 29904 49238 Other Liabilities and Provisions 34278 32695 Total 1596189 1513213 Assets 0.00 330700000.00 -9300000.00 0.00 0.00 0.00 121000000.00 0.00 0.00 0.00 442400000.00 0.00 -6091200000.00 -2376600000.00 9386600000.00 -1822600000.00 0.00 -903800000.00 -461400000.00 243400000.00 0.00 0.00 0.00 70500000.00 0.00 172900000.00 0.00 0.00 172900000.00 0.00 0.00 1522900000.00 0.00 0.00 0.00 0.00 0.00 3200000.00 419100000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1107000000.00 0.00 0.00 1107000000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1279900000.00 0.00 1279900000.00 8466300000.00 9746200000.00