close
This ad will auto close in 10 seconds

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.

Dhanlaxmi MD and CEO Amitabh Chaturvedi quits

In a surprise move, Dhanlaxmi Bank Managing Director and Chief Executive Amitabh Chaturvedi, who has been credited for turning around the bank since he took over in 2008, has put in his papers.

Banks increase interest rate on NRE deposits

Private sector lenders like HDFC Bank, Yes Bank, Dhanlaxmi Bank and the state-run Allahabad Bank Thursday steeply increased the interest rates on select maturities of NRE deposits.

Dhanlaxmi Bank to secure fresh capital infusion in 2-3 months

The infusion would be completed within the fiscal ending March, 2012.

Dhanlaxmi Bank Q2 net soars 168% on higher NIM

Mid-size private sector lender Dhanlaxmi Bank on Thursday reported a whopping 168 percent jump in net profit at Rs 4.35 crore for the second quarter ended September 30, on the back of a spike in net interest margin.

No worries on asset quality; to raise fund by Dec: Dhanlaxmi

Kerala-based private lender Dhanlaxmi Bank, which is fighting a slew of charges like cooking accounts and mis-governance by a section of its employee union, on Wednesday denied all accusations and said it will raise funds by December to increase its capital base.

Dhanlaxmi hikes base rate by 25 bps to 11%

The South-based private lender Dhanlaxmi Bank on Monday became the first lender to hike its lending rate following the rate tightening by the Reserve Bank last Friday.