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CARE reaffirms rating on Lower Tier II Bonds of Dhanlaxmi Bank

06 Oct 2017 Evaluate

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.

Peers
Company Name CMP
HDFC Bank 729.45
ICICI Bank 1332.00
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Kotak Mahindra Bank 405.30
Indusind Bank 920.20
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