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    • Dhanlaxmi Bank plans to raise Rs 300 cr by year end

      The bank plans to raise about Rs 100 crore via preferential route, for which it has RBI approval. It will raise the first tranche of about Rs 37.75 crore in the next 10 days. The balance will be raised in another 30 days.

    • RBI approved to raise Rs 100 cr capital: Dhanlaxmi Bank MD

      In an interview to CNBC-TV18, PG Jayakumar says the upgradation of the bank is not much this time around. “Recovery is about Rs 16 crore in full quarter. We will recover more than Rs 300 crore in full year,” he adds.

    • Dhanlaxmi Bank plans to raise Rs 100cr to strengthen CAR

      Dhanlaxmi Bank earned a net profit of Rs 2.62 crore for the fiscal ended March 2013, compared to a net loss of Rs 115.63 crore for the fiscal ended March 2012.

    • Dhanlaxmi Bank to issue 85 lakh shares to mobilise Rs 51cr

      Private sector Dhanlaxmi Bank Ltd will issue 85 lakh equity shares to five individuals, including a Non-Resident Indian B K Raveendran Pillai, to mobilise Rs 5l crore, a top bank official said today.

    • Dhanlaxmi Bank's new proposals: Is the market convinced?

      The new management of Trissur-based Dhanlaxmi Bank on Monday rushed to Mumbai to regain investors confidence after the latter shunned its shares on the back of management change due to poor financials. In the last three months Dhanlaxmi shares tanked nearly 54% as against 23% rise in the Bank Nifty, a barometer for banking stocks in the NSE.

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