AIG owes more than $38 billion on the credit line.

Thrissur-based Dhanalakshmi Bank has cloaked a net profit of Rs 6.05 crore for the quarter-ended June 30, as against Rs 3.06 crore during the corresponding period last year. Profit before tax surged 210 per cent to Rs 9.63 crore compared with Rs 3.10 crore a year ago.

Total income of the bank increased from Rs 59.23 crore to Rs 83.12 crore, logging a growth of 40 per cent. Non-interest income went up 20.47 per cent to Rs 6.06 crore during the quarter.