Dhanlaxmi Bank shifts focus on profitability, cost cuts spur top-level exitsAt least 5 senior execs have quit Dhanlaxmi Bank as the new management under PG Jayakumar cuts costs to re-focus business on profitability.
- Dhanlaxmi Bank net income soars 168% on higher NIM
Dhanlaxmi Bank today reported a whopping 168 per cent jump in net profit at Rs 4.35 crore for the second quarter.
- Dhanlaxmi Bank jumps 5 pc after lender clarifies its position
Shares of Dhanlaxmi Bank recovered by as much as 5 pc in afternoon trade after the bank clarified its position on allegations leveled by AI...
- Dhanlaxmi Bank management dismisses AIBOC charges: Report
Shares of Dhanlaxmi Bank Ltd tanked over 20% in trade on Tuesday to touch their 52-week low of Rs 54.40 after AIBOC raised red flag over op...
- Dhanlaxmi Bank hikes base rate by 50 bps to 10.75 per cent
Dhanlaxmi Bank today hiked its base rate or minimum rate of lending by 50 basis points to 10.75 per cent, in line with other lenders.
- Burned in downturn, India banks revive plastic push
India banks are pushing plastic again, hoping that credit card sales will lift profits in a market where the competition is tough.
- SBI rate hike: Loans dearer by 0.25%, get 1% more on deposits
This is the third time the country’s largest bank has raised the lending rate this fiscal, effecting a cumulative 125 bps rise since April
- Dhanlaxmi Bank hikes base rate by 25 basis points
South-based Dhanlaxmi Bank on Thursday hiked its minimum rate of lending or the base rate by 25 basis points to 10.25 per cent.
- Dhanlaxmi Bank forays into gold retailing with launch of 'Dhan' gold coins
The 24-carat gold coins will be available in a tamper- proof pack in two denominations of five and 10 grams at the bank's 275 branches acro...
- Dhanlaxmi Bank Q4 net profit up 11.8% at Rs 26 crore
Private sector Dhanlaxmi Bank has clocked a 11.8 per cent growth in net profit in FY 11 at Rs 26.1 crore as against Rs 23.3 crore in the ye...
- Dhanlaxmi Bank to raise Rs 1,000-cr, 1st tranche likely in May
Private sector Dhanlaxmi Bank plans to raise up to Rs 1,000-crore of capital to meet its business growth over the next 12-15-months.
- Dhanlaxmi Bank announces 0.75 per cent increase in BPLR
Private sector Dhanlaxmi Bank today announced an increase of 0.75 per cent in its base rate and Benchmark Prime Lending Rate (BPLR).
- Dhanlaxmi to buy 15% in broking co for 13 cr
Dhanlaxmi Bank will invest Rs 13 crore to buy a 15% stake in online broking company Destimoney Securities even as its quarterly profits tum...
- Dhanlaxmi Bank buys 15% stake in Destimoney Securities
Destimoney Securities is a 100 per cent subsidiary of Destimoney Enterprises, a financial services provider and advisory company owned.
‘Dhanlaxmi Bank planning to have a pan-India presence’With an intention of closing this financial year with 30% of its loan book coming from the retail sector, Dhanlaxmi Bank is now planning to...
- Dhanalakshmi Bank aims for Rs 12,000-crore business by FY 10
Dhanalakshmi Bank will hire 300 more personnel to take its total headcount to 4,000 by FY 10.
- Senior ICICI, HSBC, IDFC executives join Dhanalakshmi Bank
Private sector Dhanalakshmi Bank, has successfully wooed several whiz-kids from India Inc blue-chips with a view to build a top-quality man...