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companylogoDhanlaxmi Bank Ltd

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BSE Code : 532180 | NSE Symbol : DHANBANK | ISIN : INE680A01011 | Industry : Banks |


Chairman's Speech

Dear Respected Shareholders,

It gives me great pleasure to address you in this annual report of our esteemed bank, a cornerstone of trust and stability in the Indian banking sector. As we reflec on the past year, we take pride in our achievements amidst a backdrop of dynamic challenges and promising opportunities.

Throughout the year, we have diligently expanded our footprint into previously untouched regions, reinforcing our commitment to serve a broader spectrum of customers across the country. This strategic expansion not only enhances our geographical reach butalso underscores our dedication to inclusive growth and financial empowerment.

May I highlight our robust performance in key segments. Leveraging decades-old strong relationships, we achieved considerable growth in our gold loan portfolio and secured retail loan book. This growth is a testament to the unwavering trust our customers piece in us, and our ability to meettheir evolving financial needs with tailored solutions.

In tandem with our traditional strengths, we remain at the forefront of technological innovation. Embracing the latest advancements, we conrinue to enhance our service delivery and operational efficiencies. Looking ahead, we are enthusiastic about our plans to further integrate fintech solutions, explore new verticals, and bolster our capabilities through strategic capital infusion.

These initiatives are poised to not only drive growth but also ensure that we remain agile and competitive in a ropidly evolving financial landscape. In light of the changing scenario and to cope up with the current technology advancements so as to be at parwitn the industry, the Bonk has made considerable investments in IT.

As we navigate the opportunities and challenges that lie ahead, our commitment to excellence, integrity, and customer-centricity remains steadfast. I extend my sincere gratitude to our shareholders,Regulators, customers, employees,and all other stakeholders for their unwavering support. Together, we all will continue to build on our legacy of trust and innovation, delivering sustainable value and prosperity for all.

Thonkyou foryour continued confidence in Dhanlaxmi Bank.

With warm regards, Chairman

   


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