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Brickwork upgrades rating of Dhanlaxmi Bank’s lower Tier-II bonds

18 Mar 2020 Evaluate

Credit rating agency -- Brickwork has upgraded the rating on lower Tier-II bonds - Series XV-B of Dhanlaxmi Bank from BB (Stable) to BB+ (Stable). 

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 724.55
ICICI Bank 1380.80
Axis Bank 1291.70
Kotak Mahindra Bank 444.20
Indusind Bank 886.60
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