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Dhanlaxmi Bank shares surge 20% on takeover buzz

On the NSE, it soared 19.9% to touch its upper circuit limit of Rs 37.95.

G Sreeram is the new MD & CEO of Dhanlaxmi Bank

Private sector Dhanlaxmi Bank on Monday said the RBI has approved the appointment of G Sreeram as its Managing Director and Chief Executive Officer with immediate effect.

United Bank, Dhanlaxmi Bank have high NPA ratios: Jayant Sinha

United Bank of India and Dhanlaxmi Bank top the list of public and private sector lenders with maximum incidence of bad loans.

Dhanlaxmi Bank plans to raise Rs 130 cr this quarter

The bank, which had a target to mop up Rs 300 crore as Tier-I capital, has already raised Rs 170 crore during the first quarter of the current fiscal.

Dhanlaxmi Bank earns net profit of Rs 2.62 cr in FY'13

Private sector lender Dhanlaxmi Bank (DLB) has 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 51 cr

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 Sunday.

Dhanlaxmi Bank posts Rs 11.8 cr loss for Apr-Jun

However, the bank had posted a profit of Rs 3.4 crore for the same quarter last year.

Dhanlaxmi bank not planning to shut down any branch

The employee strength of the bank has anyway come down to 4,200 from 4,600 since November 2011.