Bipin Kabra

Earlier, on March 29, the New Delhi-based bench of the National Company Law Tribunal (NCLT), had directed to appoint Kabra as its chief financial officer (CFO), over the plea filed by RattanIndia Finance’s JV partner — LSF 10 Rose Investments.

NCLT directs RattanIndia Finance to appoint Bipin Kabra as its CFO

LSF 10 Rose Investments, is a subsidiary of US-based private equity firm Lone Star Funds (LSF), and holds 50 per cent shareholding in RattanIndia Finance (RF), a non-banking finance company.

Dhanlaxmi Bank bets on higher NIM, rising expenses a worry

Dhanlaxmi Bank’s second quarter net profit nearly three fold to Rs 4.35 crore year-on-year, driven by a whopping 90% growth in net interest income (NII) and fee based income. The bank’s total business grew 45% Y-o-Y to Rs 23,945 crore as on September 30, 2011.

Dhanlaxmi bank hits 52-wk low on union allegation

Shares of Dhanlaxmi Bank tanked nearly 21% to Rs 58 after the All India Banks’ Officers Confederation or AIBOC, a Kerala based state union, raised questions about the lender's financial health.

Dhanlaxmi Bank hits 52-wk low on union allegation

Shares of Dhanlaxmi Bank tanked nearly 21% to Rs 58 after the All India Banks’ Officers Confederation or AIBOC, a Kerala based state union, raised questions about the lender’s financial strength while it was holding dharna outside its Thrissur corporate office.

Dhanlaxmi Bank raises rates by 25-50 bps

Private sector lender Dhanlaxmi Bank hiked its base rate and benchmark prime lending rate or BPLR by 25 and 50 basis points to 10.75% and 20.25% respectively with effect from September 19.

Dhanlaxmi Bk eyes non-interest rev to boost profitability

Private lender Dhanlaxmi Bank is eyeing forays into new segments to boost its non-interest income at a time when surging interest rates makes it difficult to protect margins, its chief financial officer told Reuters.

Dhanlaxmi Bank confident of 75% growth in loan book in FY12

In an exclusive interview with CNBC-TV18, Bipin Kabra, CFO of Dhanlaxmi Bank says that the company is confident to continue at a similar growth rate of 75% plus for FY12. “We have been growing at about four times the industry, at 70-75% odd growth. We would continue similar growth in another year or so before we reduce the growth rate,” he says.

Dhanlaxmi Bank raises base rate by 50 bps

Private-sector lender Dhanlaxmi Bank said on Wednesday it has raised its base rate by 50 basis points to 8.75%, effective March 10.