Moneycontrol PRO
HomeNewsBusinessCompaniesThe scene behind the Dhanlaxmi drama!

The scene behind the Dhanlaxmi drama!

In the week gone by, private sector lender Dhanlaxmi Bank was battling charges of financial irregularities leveled by employee union All India Banks’ Officers’ Confederation (AIBO). Shares tanked 24% to hit 52-week low at Rs 54.30 on Oct 11, the day AIBO hit the headlines.

October 18, 2011 / 18:41 IST
     
     
    26 Aug, 2025 12:21
    Volume
    Todays L/H
    More

    Saikat Das
    Moneycontrol.com


    In the week gone by, private sector lender Dhanlaxmi Bank was battling charges of financial irregularities levelled by employee union All India Banks
    first published: Oct 15, 2011 12:25 pm

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347