Credit Rating Agency, CARE has re-affirmed credit rating of Dhanlaxmi bank’s unsecured, non-convertible, redeemable bonds. The agency has reaffirmed ‘BB+; stable’ rating to the bank’s Lower Tier II bonds worth Rs 172.90 crore and ‘BB; stable’ rating to bank’s Upper Tier II bonds worth Rs 27.50.
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.
