Dhanlaxmi Bank

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Dhanlaxmi Bank - Total results - 19
Karvy Group announces corporate restructuring after SEBI action; non-financial businesses to be housed in separate arm
Business

Karvy Group announces corporate restructuring after SEBI action; non-financial businesses to be housed in separate arm

Securities held by KSBL were used by the brokerage for borrowing from the lenders courtesy the PoA.

Dhanlaxmi Bank stocks jump 5% after profit rises two-fold in September quarter, improvement in asset quality
Business

Dhanlaxmi Bank stocks jump 5% after profit rises two-fold in September quarter, improvement in asset quality

Dhanlaxmi Bank on Thursday reported nearly two-fold rise in its net profit at Rs 22.07 crore for the second quarter ended on 30 September, as bad loan ratio came down.

Appointment of former RBI deputy governor R Gandhi to Yes Bank board may be precautionary: Macquarie
Business

Appointment of former RBI deputy governor R Gandhi to Yes Bank board may be precautionary: Macquarie

Earlier this week, the Reserve Bank of India (RBI) appointed former Deputy Governor R Gandhi as an additional director to the board of Yes Bank

Corporation Bank, Allahabad Bank, Dhanlaxmi Bank shares jump up to 10% as RBI lifts lending curbs
Business

Corporation Bank, Allahabad Bank, Dhanlaxmi Bank shares jump up to 10% as RBI lifts lending curbs

Shares of Corporation Bank, Allahabad Bank and Dhanlaxmi Bank rose sharply by up to 10.10 percent Wednesday after the RBI lifted lending curbs on these lenders by removing them from its weak-bank watchlist

Allahabad, Corporation, Dhanlaxmi Bank out of RBI's prompt corrective action framework
Business

Allahabad, Corporation, Dhanlaxmi Bank out of RBI's prompt corrective action framework

The RBI on Tuesday lifted lending curbs on two more public sector banks (PSBs), Allahabad Bank and Corporation Bank, by removing them from its weak-bank watch list

RBI asks Dhanlaxmi Bank to keep in abeyance the appointment of non-independent director Arun Rao
Business

RBI asks Dhanlaxmi Bank to keep in abeyance the appointment of non-independent director Arun Rao

Private sector lender Dhanlaxmi Bank on Thursday said the RBI has asked it to keep in abeyance, till further advice, the appointment of non-independent director Arun Rao M.G

Frauds cost Rs 18,170 cr in 12,553 cases to banking sector in FY17: Advisory firm report
Business

Frauds cost Rs 18,170 cr in 12,553 cases to banking sector in FY17: Advisory firm report

In terms of the quantum, Punjab National Bank (PNB) had reported the highest amount of frauds at Rs 2,810 crore in the last financial year, followed by Bank of India at Rs 2,770 crore, State Bank of India at Rs 2,420 crore and Bank of Maharashtra at Rs 2,041 crore

RBI imposes Rs 1 cr penalty on Dhanlaxmi Bank for violating KYC, AML norms
Business

RBI imposes Rs 1 cr penalty on Dhanlaxmi Bank for violating KYC, AML norms

RBI further said that "this action" is based on deficiencies in regulatory compliance and is "not intended" to pronounce upon the validity of any transaction or agreement entered into by the bank and its customers.

Dhanlaxmi Bank gains 8% as co swings to Rs 17.10 cr profit in Q3
Business

Dhanlaxmi Bank gains 8% as co swings to Rs 17.10 cr profit in Q3

Dhanlaxmi Bank today posted a net profit of Rs 17.10 crore for the third quarter ended 31 December 2014 despite a rise in bad loans.

Dhanlaxmi Grows Pan-India With Process Automation
Biztech

Dhanlaxmi Grows Pan-India With Process Automation

A look into Dhanlaxmi Bank’s Asian Banker Award winning deployment of Newgen software for Account Opening and Service Request Management.

Shares of small private banks rise on M&A hope post banking bill
Investing

Shares of small private banks rise on M&A hope post banking bill

Shares in India's smaller private sector banks gained on hopes the banking amendment bill approved by parliament on Tuesday will spark consolidation in the sector.

Dhanlaxmi Bank in trouble? What to do if your bank goes belly up
Investing

Dhanlaxmi Bank in trouble? What to do if your bank goes belly up

If you (depositor) are worried about the safety of funds with banks, or just curious to know how safe your deposits are with the bank, read on.

Dhanlaxmi Bank Union allege fraud, demand merger with PSU banks
Business

Dhanlaxmi Bank Union allege fraud, demand merger with PSU banks

The employee union also allege that the former managing director has withdrawn his family deposit from the bank.

How to spot warning signs of a market bubble
Investing

How to spot warning signs of a market bubble

Two recent examples of micro warning signs are Dhanalaxmi Bank and Mannapuram Finance. The two companies had high growth plans, but fell into trouble as they tried to achieve them.

Why Dhanlaxmi Bank's CEO, Amitabh Chaturvedi, had to go
Business

Why Dhanlaxmi Bank's CEO, Amitabh Chaturvedi, had to go

Chaturvedi quit on Monday, following alleged differences with the bank's board on a range of issues relating to business strategy.

Airline stocks hog limelight as Sensex falls 84 pts
Investing

Airline stocks hog limelight as Sensex falls 84 pts

Dhanlaxmi Bank confirmed the resignation of its managing director Amitabh Chaturvedi, who has been responsible for the sharp growth in the bank.

Ratnakar ropes in Citi's Rana for COO, as Dhanlaxmi's Chaturvedi exits
Business

Ratnakar ropes in Citi's Rana for COO, as Dhanlaxmi's Chaturvedi exits

The private sector bank with a strong regional footprint has been on the upscale for a while attracting many banking industry stalwarts into its fold, the latest being the announcement of Joginder Singh Rana as its Chief Operations Officer (COO).