Credit rating agency -- CARE has reaffirmed Dhanlaxmi Bank’s Lower Tier - II Bonds at ‘BB+’; Stable. Further, the Bank has repaid the Upper Tier-II Bond issue in full and there is no outstanding under the said issue as on date. Taking cognizance of this, CARE has withdrawn the rating of Upper Tier -II Bonds with immediate effect.
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.
