Dhanlaxmi Bank has received an approval for raising funds by way of issuance of Non-Convertible Debentures (NCDs) in the form of Basel III compliant Tier 2 Bonds aggregating to Rs 300 crore in one or more tranches over a period of time, subject to approval of Regulators/ Shareholders, as may be required. The Board of Directors at its meeting held on December 05, 2022, has inter alia considered and approved 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.
