Dhanlaxmi Bank is planning to raise Rs 300 crore by way of issuance of Non-Convertible Debentures (NCDs) in the form of Basel III compliant Tier 2 Bonds in one or more tranches over a period of time, subject to approval of Regulators Shareholders, as may be required. A meeting of the board of directors of the bank will be held on December 05, 2022 to consider and approve the same.
Dhanlaxmi Bank was incorporated in 1927 by group of entrepreneurs at Thrissur located in Kerala. Bank's focus has always been on customizing services and personalizing relations.
