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Dhanlaxmi Bank gets nod to raise Rs 200 crore

28 Sep 2012 Evaluate

Dhanlaxmi Bank has received an approval to raise Rs 200 crore by making a further issue of equity shares. The board at its meeting held on September 27, 2012 has approved the same.

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

Peers
Company Name CMP
HDFC Bank 729.45
ICICI Bank 1332.00
Axis Bank 1186.50
Kotak Mahindra Bank 405.30
Indusind Bank 920.20
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