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Dhanlaxmi Bank informs about up-gradation of core banking solution of bank

21 Dec 2020 Evaluate

Dhanlaxmi Bank has informed that pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations 2015, the Bank is upgrading its Core Banking Solution (CBS) and related IT infrastructure on to a new platform. The migration activity is scheduled between 25/12/2020 1:00 am to 27/12/2020 8:00 am. During this time window, all the online services of the Bank like Debit Card transactions/ ATM/ POS/ Internet Banking/ Mobile Banking/ UPI/ SMS Banking services will not be available. The Bank is communicating to all its customers about the downtime through public notices issued through newspapers, SMS, Emailers, Posters at Branches, ATM, CDM Screens, Web Banner, Internet Banking Screens and Social Media to plan their transactions in advance to avoid any inconvenience.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
HDFC Bank 723.40
ICICI Bank 1370.10
Axis Bank 1287.00
Kotak Mahindra Bank 442.10
Indusind Bank 884.45
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