Dhanlaxmi Bank BSE Code: 532180 CMP: ₹ 36
Dhanlaxmi Bank reported a positive PAT in FY17 after three consecutive years of net losses. The bank also reported a 9 per cent growth in NII on a YOY basis. Its CASA ratio also improved to 29.44 per cent from 25.03 per cent over the last one year. Also, the asset quality problems seem to be behind and barring 2-3 accounts, the bank has largely recognized all the stressed loans. A good time to get into this stock.