Credit rating agency, CARE has reaffirmed the rating on Lower Tier II Bonds of Dhanlaxmi Bank at ‘BB+’. The rating agency has also revised the rating on Upper Tier II Bonds of the Bank from ‘D’ to ‘BB’.
Dhanlaxmi Bank is engaged in providing a range of banking and financial services. The company's segments include Treasury, Corporate/Wholesale Banking, Retail Banking and Other Banking Operations.