Dhanlaxmi Bank is planning to raise capital by issue of Unsecured Redeemable Non-Convertible Basel III compliant Subordinated Tier II Bonds in the nature of Debentures (Bonds) up to Rs 150 crore on private placement basis. The meeting of the Board of Directors of the Bank is scheduled to be held on March 20, 2018 to consider and approve the same.
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.
