Bessemer India Capital has sold 1.06% stake in Dhanlaxmi Bank on February 15, 2012 at the NSE. The company has sold 0.90 million shares of the bank at an average price of Rs 65.53 a share amounting to Rs 5.94 crore.
Dhanlaxmi Bank is an 84-year old bank with a network of over 275 branches and 460 ATMs covering 160 centers across 14 states, the bank services a broad customer base of 1.6 million. The bank provides a suite of banking products and services to its customers across Retail Banking, Wholesale Banking, Microfinance and Agricultural Lending and Small and Medium Enterprises Group.
