DHANBANK
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Dhanlaxmi Bank's CASA Up 15.77% Y/Y
April 2 (Reuters) - Dhanlaxmi Bank Ltd DNBK.NS:
DHANLAXMI BANK LTD - CASA AT 53.80 BILLION RUPEES AS OF MARCH 31, 2026, UP 15.77% YOY
DHANLAXMI BANK LTD - GROSS ADVANCE AT 151.30 BILLION RUPEES AS OF MARCH 31, 2026, UP 23.96% YOY
Source text: ID:nNSE6T5df0
Further company coverage: DNBK.NS
April 2 (Reuters) - Dhanlaxmi Bank Ltd DNBK.NS:
DHANLAXMI BANK LTD - CASA AT 53.80 BILLION RUPEES AS OF MARCH 31, 2026, UP 15.77% YOY
DHANLAXMI BANK LTD - GROSS ADVANCE AT 151.30 BILLION RUPEES AS OF MARCH 31, 2026, UP 23.96% YOY
Source text: ID:nNSE6T5df0
Further company coverage: DNBK.NS
Dhanlaxmi Bank Dec-Quarter Net Profit 238.8 Million Rupees
Jan 21 (Reuters) - Dhanlaxmi Bank Ltd DNBK.NS:
DEC-QUARTER NET PROFIT 238.8 MILLION RUPEES
Q3 GROSS NPA 2.36%
Q3 INTEREST EARNED 4.07 BILLION RUPEES
Q3 PROVISIONS & CONTINGENCIES 172.6 MILLION RUPEES
Further company coverage: DNBK.NS
Jan 21 (Reuters) - Dhanlaxmi Bank Ltd DNBK.NS:
DEC-QUARTER NET PROFIT 238.8 MILLION RUPEES
Q3 GROSS NPA 2.36%
Q3 INTEREST EARNED 4.07 BILLION RUPEES
Q3 PROVISIONS & CONTINGENCIES 172.6 MILLION RUPEES
Further company coverage: DNBK.NS
Dhanlaxmi Bank Total Deposits Up 18.39% Y-O-Y As On Dec 31
Jan 5 (Reuters) - Dhanlaxmi Bank Ltd DNBK.NS:
TOTAL DEPOSITS UP 18.39% Y-O-Y AS ON DEC 31
GROSS ADVANCE UP 23.9% YOY AS ON DEC 31
Source text: ID:nBSE2hgBG3
Further company coverage: DNBK.NS
Jan 5 (Reuters) - Dhanlaxmi Bank Ltd DNBK.NS:
TOTAL DEPOSITS UP 18.39% Y-O-Y AS ON DEC 31
GROSS ADVANCE UP 23.9% YOY AS ON DEC 31
Source text: ID:nBSE2hgBG3
Further company coverage: DNBK.NS
Dhanlaxmi Bank Ltd - Total Deposit As Of Sept 30 Up 16.89% Y/Y
Oct 3 (Reuters) - Dhanlaxmi Bank Ltd DNBK.NS:
DHANLAXMI BANK LTD - TOTAL DEPOSIT AS OF SEPT 30 UP 16.89% Y/Y
DHANLAXMI BANK LTD - GROSS ADVANCE AS OF SEPT 30, 2025, UP 18.39% Y/Y
Source text: ID:nNSE2S21LW
Further company coverage: DNBK.NS
Oct 3 (Reuters) - Dhanlaxmi Bank Ltd DNBK.NS:
DHANLAXMI BANK LTD - TOTAL DEPOSIT AS OF SEPT 30 UP 16.89% Y/Y
DHANLAXMI BANK LTD - GROSS ADVANCE AS OF SEPT 30, 2025, UP 18.39% Y/Y
Source text: ID:nNSE2S21LW
Further company coverage: DNBK.NS
Dhanlaxmi Bank June-Quarter Net Profit 121.8 Mln Rupees
July 21 (Reuters) - Dhanlaxmi Bank Ltd DNBK.NS:
JUNE-QUARTER NET PROFIT 121.8 MILLION RUPEES
JUNE-QUARTER GROSS NPA 3.22%
DHANLAXMI BANK JUNE-QUARTER INTEREST EARNED 3.68 BILLION RUPEES
DHANLAXMI BANK JUNE-QUARTER PROVISIONS & CONTINGENCIES 211 MILLION RUPEES
Source text: ID:nBSE4smVWH
Further company coverage: DNBK.NS
July 21 (Reuters) - Dhanlaxmi Bank Ltd DNBK.NS:
JUNE-QUARTER NET PROFIT 121.8 MILLION RUPEES
JUNE-QUARTER GROSS NPA 3.22%
DHANLAXMI BANK JUNE-QUARTER INTEREST EARNED 3.68 BILLION RUPEES
DHANLAXMI BANK JUNE-QUARTER PROVISIONS & CONTINGENCIES 211 MILLION RUPEES
Source text: ID:nBSE4smVWH
Further company coverage: DNBK.NS
India's Dhanlaxmi Bank gains on upbeat first-quarter update
** India's Dhanlaxmi Bank DNBK.NS climbs 3.3% to 30.92 rupees
** Lender says Q1 gross advances climbed 17.3% Y/Y; deposits up 14.7% Y/Y
** DNBK to report June-quarter results in coming weeks
** Larger rivals HDFC Bank HDBK.NS and IndusInd Bank INBK.NS reported weak quarterly loan growth
** Stock trims YTD losses to 1%
(Reporting by Kashish Tandon in Bengaluru)
** India's Dhanlaxmi Bank DNBK.NS climbs 3.3% to 30.92 rupees
** Lender says Q1 gross advances climbed 17.3% Y/Y; deposits up 14.7% Y/Y
** DNBK to report June-quarter results in coming weeks
** Larger rivals HDFC Bank HDBK.NS and IndusInd Bank INBK.NS reported weak quarterly loan growth
** Stock trims YTD losses to 1%
(Reporting by Kashish Tandon in Bengaluru)
Dhanlaxmi Bank Total Deposit As On March 31 Up 12.06% Y/Y
April 3 (Reuters) - Dhanlaxmi Bank Ltd DNBK.NS:
DHANLAXMI BANK LTD - TOTAL DEPOSIT AS ON MARCH 31 UP 12.06% Y/Y
Source text: ID:nnAPN2Q2D45
Further company coverage: DNBK.NS
April 3 (Reuters) - Dhanlaxmi Bank Ltd DNBK.NS:
DHANLAXMI BANK LTD - TOTAL DEPOSIT AS ON MARCH 31 UP 12.06% Y/Y
Source text: ID:nnAPN2Q2D45
Further company coverage: DNBK.NS
Dhanlaxmi Bank Approves Issue Of Unsecured Non-Convertible Debentures Up To 1.50 Billion Rupees
March 19 (Reuters) - Dhanlaxmi Bank Ltd DNBK.NS:
BOARD APPROVES ISSUE OF UNSECURED NON-CONVERTIBLE DEBENTURES UP TO 1.50 BILLION RUPEES
Source text: ID:nBSEcbHJT9
Further company coverage: DNBK.NS
March 19 (Reuters) - Dhanlaxmi Bank Ltd DNBK.NS:
BOARD APPROVES ISSUE OF UNSECURED NON-CONVERTIBLE DEBENTURES UP TO 1.50 BILLION RUPEES
Source text: ID:nBSEcbHJT9
Further company coverage: DNBK.NS
Dhanlaxmi Bank Ltd - Shareholders Approve Appointment Of P. Suriaraj As Executive Director
Dhanlaxmi Bank Ltd DNBK.NS:
DHANLAXMI BANK LTD - SHAREHOLDERS APPROVE APPOINTMENT OF P. SURIARAJ AS EXECUTIVE DIRECTOR
Source text: ID:nNSE61hKGS
Further company coverage: DNBK.NS
Dhanlaxmi Bank Ltd DNBK.NS:
DHANLAXMI BANK LTD - SHAREHOLDERS APPROVE APPOINTMENT OF P. SURIARAJ AS EXECUTIVE DIRECTOR
Source text: ID:nNSE61hKGS
Further company coverage: DNBK.NS
Dhanlaxmi Bank Dec-Quarter Net Profit 198.5 Mln Rupees
Feb 4 (Reuters) - Dhanlaxmi Bank Ltd DNBK.NS:
DEC-QUARTER NET PROFIT 198.5 MILLION RUPEES
DEC-QUARTER GROSS NPA 3.53%
DEC-QUARTER INTEREST EARNED 3.35 BILLION RUPEES
DEC-QUARTER PROVISIONS & CONTINGENCIES 67 MILLION RUPEES
Source text: ID:nBSE6n8yKz
Further company coverage: DNBK.NS
Feb 4 (Reuters) - Dhanlaxmi Bank Ltd DNBK.NS:
DEC-QUARTER NET PROFIT 198.5 MILLION RUPEES
DEC-QUARTER GROSS NPA 3.53%
DEC-QUARTER INTEREST EARNED 3.35 BILLION RUPEES
DEC-QUARTER PROVISIONS & CONTINGENCIES 67 MILLION RUPEES
Source text: ID:nBSE6n8yKz
Further company coverage: DNBK.NS
Dhanlaxmi Bank Approves Rights Issue Size Of 2.98 Billion Rupees
Dec 19 (Reuters) - Dhanlaxmi Bank Ltd DNBK.NS:
APPROVES RIGHTS ISSUE UP TO 2.98 BILLION RUPEES
RIGHTS ISSUE PRICE OF 21 RUPEES PER SHARE
RIGHTS ENTITLEMENT RATIO OF 14 SHARES FOR EVERY 25 SHARES HELD
Source text: ID:nBSE1pGllR
Further company coverage: DNBK.NS
Dec 19 (Reuters) - Dhanlaxmi Bank Ltd DNBK.NS:
APPROVES RIGHTS ISSUE UP TO 2.98 BILLION RUPEES
RIGHTS ISSUE PRICE OF 21 RUPEES PER SHARE
RIGHTS ENTITLEMENT RATIO OF 14 SHARES FOR EVERY 25 SHARES HELD
Source text: ID:nBSE1pGllR
Further company coverage: DNBK.NS
India's Dhanlaxmi Bank jumps on qtrly profit rise
** Shares of Dhanlaxmi Bank DNBK.NS climb ~4% to 37.4 rupees
** Co reported a 11.4% rise in Sept-qtr net profit, and 8% growth in interest earned
** Stock eyes busiest trading day in six sessions, volumes at 2.8x 30-day avg
** DNBK up ~24% YTD
(Reporting by Manvi Pant in Bengaluru)
((Manvi.Pant@thomsonreuters.com; +918447554364;))
** Shares of Dhanlaxmi Bank DNBK.NS climb ~4% to 37.4 rupees
** Co reported a 11.4% rise in Sept-qtr net profit, and 8% growth in interest earned
** Stock eyes busiest trading day in six sessions, volumes at 2.8x 30-day avg
** DNBK up ~24% YTD
(Reporting by Manvi Pant in Bengaluru)
((Manvi.Pant@thomsonreuters.com; +918447554364;))
Dhanlaxmi Bank June-Quarter Net Loss 80 Million Rupees
Aug 12 (Reuters) - Dhanlaxmi Bank Ltd DNBK.NS:
DHANLAXMI BANK JUNE-QUARTER NET LOSS 80 MILLION RUPEES
DHANLAXMI BANK JUNE-QUARTER GROSS NPA 4.04%
DHANLAXMI BANK JUNE-QUARTER INTEREST EARNED 3.06 BILLION RUPEES
DHANLAXMI BANK JUNE-QUARTER NET NPA 1.26%
DHANLAXMI BANK JUNE-QUARTER PROVISIONS & CONTINGENCIES 47.1 MILLION RUPEES
Source text for Eikon: ID:nBSE2ytN6Y
Further company coverage: DNBK.NS
Aug 12 (Reuters) - Dhanlaxmi Bank Ltd DNBK.NS:
DHANLAXMI BANK JUNE-QUARTER NET LOSS 80 MILLION RUPEES
DHANLAXMI BANK JUNE-QUARTER GROSS NPA 4.04%
DHANLAXMI BANK JUNE-QUARTER INTEREST EARNED 3.06 BILLION RUPEES
DHANLAXMI BANK JUNE-QUARTER NET NPA 1.26%
DHANLAXMI BANK JUNE-QUARTER PROVISIONS & CONTINGENCIES 47.1 MILLION RUPEES
Source text for Eikon: ID:nBSE2ytN6Y
Further company coverage: DNBK.NS
Dhanlaxmi Bank Provisional Gross Advance Up 6.02% Y/Y As Of June End
July 5 (Reuters) - Dhanlaxmi Bank Ltd DNBK.NS:
DHANLAXMI BANK - PROVISIONAL GROSS ADVANCE UP 6.02% Y/Y AS OF JUNE END
DHANLAXMI BANK - PROVISIONAL TOTAL DEPOSITS AS OF JUNE END UP 7.75% Y/Y
Source text for Eikon: ID:nBSE7NFpdk
Further company coverage: DNBK.NS
July 5 (Reuters) - Dhanlaxmi Bank Ltd DNBK.NS:
DHANLAXMI BANK - PROVISIONAL GROSS ADVANCE UP 6.02% Y/Y AS OF JUNE END
DHANLAXMI BANK - PROVISIONAL TOTAL DEPOSITS AS OF JUNE END UP 7.75% Y/Y
Source text for Eikon: ID:nBSE7NFpdk
Further company coverage: DNBK.NS
India's Dhanlaxmi Bank rises after board appoints Ajith Kumar as MD, CEO
** Shares of Dhanlaxmi Bank DNBK.NS rise as much as 4.2% to 44.15 rupees
** The board of the Indian private lender approves the appointment of Ajith Kumar KK as the MD and CEO for three years, effective from June 20
** More than 1.4 mln shares change hands, nearly two times the 30-day avg
** Stock up ~41% YTD, had gained 54% in 2023 for its best yearly gain since 2009
(Reporting by Dimpal Gulwani in Bengaluru)
** Shares of Dhanlaxmi Bank DNBK.NS rise as much as 4.2% to 44.15 rupees
** The board of the Indian private lender approves the appointment of Ajith Kumar KK as the MD and CEO for three years, effective from June 20
** More than 1.4 mln shares change hands, nearly two times the 30-day avg
** Stock up ~41% YTD, had gained 54% in 2023 for its best yearly gain since 2009
(Reporting by Dimpal Gulwani in Bengaluru)
Dhanlaxmi Bank Says Provisional Gross Advances Rose 5.63% Y/Y As Of March-End
April 2 (Reuters) - Dhanlaxmi Bank Ltd DNBK.NS:
PROVISIONAL GROSS ADVANCES ROSE 5.63% Y/Y AS OF MARCH-END
PROVISIONAL TOTAL DEPOSITS UP 6.8% Y/Y AS ON MARCH 31
Further company coverage: DNBK.NS
April 2 (Reuters) - Dhanlaxmi Bank Ltd DNBK.NS:
PROVISIONAL GROSS ADVANCES ROSE 5.63% Y/Y AS OF MARCH-END
PROVISIONAL TOTAL DEPOSITS UP 6.8% Y/Y AS ON MARCH 31
Further company coverage: DNBK.NS
Dhanlaxmi Bank May Consider Increase In Amount Of Proposed Rights Issue Of Bank
March 15 (Reuters) - Dhanlaxmi Bank Ltd DNBK.NS:
MAY CONSIDER AN INCREASE IN AMOUNT OF PROPOSED RIGHTS ISSUE OF BANK
Source text for Eikon: ID:nBSEZdQbR
Further company coverage: DNBK.NS
March 15 (Reuters) - Dhanlaxmi Bank Ltd DNBK.NS:
MAY CONSIDER AN INCREASE IN AMOUNT OF PROPOSED RIGHTS ISSUE OF BANK
Source text for Eikon: ID:nBSEZdQbR
Further company coverage: DNBK.NS
India's Dhanlaxmi Bank rises on block deals
** Dhanlaxmi Bank shares DNBK.NS rise 5% to 52.65 rupees
** Nearly 3 mln shares traded in 3 block deals at avg price of 52.50 rupees/shr - LSEG data
** Price is a ~5% premium to DNBK's Monday close
** Stock on track for fifth straight session of gain
** DNBK up ~72% YTD, on track for fifth straight annual gain
(Reporting by Kashish Tandon in Bengaluru)
** Dhanlaxmi Bank shares DNBK.NS rise 5% to 52.65 rupees
** Nearly 3 mln shares traded in 3 block deals at avg price of 52.50 rupees/shr - LSEG data
** Price is a ~5% premium to DNBK's Monday close
** Stock on track for fifth straight session of gain
** DNBK up ~72% YTD, on track for fifth straight annual gain
(Reporting by Kashish Tandon in Bengaluru)
India's Dhanlaxmi Bank Dec-Quarter Net Profit Falls
Feb 2 (Reuters) - Dhanlaxmi Bank Ltd DNBK.NS:
INDIA'S DHANLAXMI BANK DEC-QUARTER NET PROFIT 30.5 MILLION RUPEES VERSUS 217.3 MILLION RUPEES
DHANLAXMI BANK DEC-QUARTER GROSS NPA 4.81%
DHANLAXMI BANK DEC-QUARTER INTEREST EARNED 3.08 BILLION RUPEES VERSUS 2.76 BILLION RUPEES
DHANLAXMI BANK DEC-QUARTER PROVISIONS & CONTINGENCIES 192.6 MILLION RUPEES VERSUS 325.8 MILLION RUPEES
DHANLAXMI BANK DEC-QUARTER NET NPA 1.27%
Source text for Eikon: ID:nBSE3vyJQN
Further company coverage: DNBK.NS
Feb 2 (Reuters) - Dhanlaxmi Bank Ltd DNBK.NS:
INDIA'S DHANLAXMI BANK DEC-QUARTER NET PROFIT 30.5 MILLION RUPEES VERSUS 217.3 MILLION RUPEES
DHANLAXMI BANK DEC-QUARTER GROSS NPA 4.81%
DHANLAXMI BANK DEC-QUARTER INTEREST EARNED 3.08 BILLION RUPEES VERSUS 2.76 BILLION RUPEES
DHANLAXMI BANK DEC-QUARTER PROVISIONS & CONTINGENCIES 192.6 MILLION RUPEES VERSUS 325.8 MILLION RUPEES
DHANLAXMI BANK DEC-QUARTER NET NPA 1.27%
Source text for Eikon: ID:nBSE3vyJQN
Further company coverage: DNBK.NS
Dhanlaxmi Bank- RBI Gave Approval For Extending Term Of J K Shivan As MD & CEO
Jan 25 (Reuters) - Dhanlaxmi Bank Ltd DNBK.NS:
DHANLAXMI BANK LTD- RBI GAVE APPROVAL FOR EXTENDING TERM OF J K SHIVAN AS MANAGING DIRECTOR & CEO
DHANLAXMI BANK LTD- EXTENSION TILL SUCCESSOR ASSUMES OFFICE
Source text for Eikon: [ID:]
Further company coverage: DNBK.NS
Jan 25 (Reuters) - Dhanlaxmi Bank Ltd DNBK.NS:
DHANLAXMI BANK LTD- RBI GAVE APPROVAL FOR EXTENDING TERM OF J K SHIVAN AS MANAGING DIRECTOR & CEO
DHANLAXMI BANK LTD- EXTENSION TILL SUCCESSOR ASSUMES OFFICE
Source text for Eikon: [ID:]
Further company coverage: DNBK.NS
Reserve Bank Of India Imposes Monetary Penalty Of 12 Million Rupees On Dhanlaxmi Bank
Jan 12 (Reuters) - Dhanlaxmi Bank Ltd DNBK.NS:
RBI IMPOSES MONETARY PENALTY OF 12 MILLION RUPEES ON DHANLAXMI BANK
Further company coverage: DNBK.NS
Jan 12 (Reuters) - Dhanlaxmi Bank Ltd DNBK.NS:
RBI IMPOSES MONETARY PENALTY OF 12 MILLION RUPEES ON DHANLAXMI BANK
Further company coverage: DNBK.NS
India's Dhanlaxmi Bank extends rally on quarterly rise in advances, deposits
** Shares of private lender Dhanlaxmi Bank DNBK.NS rise nearly 5%
** Bank on Monday posted 11.93% y/y growth in gross advances for the qtr ended Dec, total deposits up 10.60% y/y
** If trend holds, stock set to extend its rally to fifth straight session
** DNBK trading well above its 200-day simple moving avg since April 4, 2023
** Stock rose ~54% in 2023, its best yearly performance since listing
(Reporting by Yagnoseni Das in Bengaluru)
((Yagnoseni.Das@thomsonreuters.com; +91 6001289066;))
** Shares of private lender Dhanlaxmi Bank DNBK.NS rise nearly 5%
** Bank on Monday posted 11.93% y/y growth in gross advances for the qtr ended Dec, total deposits up 10.60% y/y
** If trend holds, stock set to extend its rally to fifth straight session
** DNBK trading well above its 200-day simple moving avg since April 4, 2023
** Stock rose ~54% in 2023, its best yearly performance since listing
(Reporting by Yagnoseni Das in Bengaluru)
((Yagnoseni.Das@thomsonreuters.com; +91 6001289066;))
Dhanlaxmi Bank Provisional Total Deposits As Of Dec 31 At 143.1 Bln Rupees
Jan 1 (Reuters) - Dhanlaxmi Bank Ltd DNBK.NS:
PROVISIONAL TOTAL DEPOSITS AS OF DEC 31 AT 143.1 BILLION RUPEES
PROVISIONAL GROSS ADVANCE AT 103.47 BILLION RUPEES AS OF DEC 31,2023, UP 11.93%YOY
Source text for Eikon: ID:nBSE21cl16
Further company coverage: DNBK.NS
Jan 1 (Reuters) - Dhanlaxmi Bank Ltd DNBK.NS:
PROVISIONAL TOTAL DEPOSITS AS OF DEC 31 AT 143.1 BILLION RUPEES
PROVISIONAL GROSS ADVANCE AT 103.47 BILLION RUPEES AS OF DEC 31,2023, UP 11.93%YOY
Source text for Eikon: ID:nBSE21cl16
Further company coverage: DNBK.NS
India's Dhanlaxmi Bank Sept-Quarter Net Profit Rises
Nov 9 (Reuters) - Dhanlaxmi Bank Ltd DNBK.NS:
INDIA'S DHANLAXMI BANK SEPT-QUARTER NET PROFIT 231.6 MILLION RUPEES VERSUS PROFIT 158.9 MILLION RUPEES
DHANLAXMI BANK SEPT-QUARTER GROSS NPA 5.36% VERSUS 5.21% PREV QUARTER
DHANLAXMI BANK SEPT-QUARTER NET NPA 1.29% VERSUS 1.09% PREV QUARTER
DHANLAXMI BANK SEPT-QUARTER INTEREST EARNED 3.04 BILLION RUPEES VERSUS 2.63 BILLION RUPEES
DHANLAXMI BANK SEPT-QUARTER PROVISIONS & CONTINGENCIES WRITE BACK 28.2 MILLION RUPEES VERSUS PROVISIONS & CONTINGENCIES 194.6 MILLION RUPEES
Source text for Eikon: ID:nBSEbRtMX3
Further company coverage: DNBK.NS
Nov 9 (Reuters) - Dhanlaxmi Bank Ltd DNBK.NS:
INDIA'S DHANLAXMI BANK SEPT-QUARTER NET PROFIT 231.6 MILLION RUPEES VERSUS PROFIT 158.9 MILLION RUPEES
DHANLAXMI BANK SEPT-QUARTER GROSS NPA 5.36% VERSUS 5.21% PREV QUARTER
DHANLAXMI BANK SEPT-QUARTER NET NPA 1.29% VERSUS 1.09% PREV QUARTER
DHANLAXMI BANK SEPT-QUARTER INTEREST EARNED 3.04 BILLION RUPEES VERSUS 2.63 BILLION RUPEES
DHANLAXMI BANK SEPT-QUARTER PROVISIONS & CONTINGENCIES WRITE BACK 28.2 MILLION RUPEES VERSUS PROVISIONS & CONTINGENCIES 194.6 MILLION RUPEES
Source text for Eikon: ID:nBSEbRtMX3
Further company coverage: DNBK.NS
Dhanlaxmi Bank Board Will Identify And Evaluate Suitable Candidates For Position Of Managing Director & CEO
Oct 27 (Reuters) - Dhanlaxmi Bank Ltd DNBK.NS:
BOARD WILL IDENTIFY AND EVALUATE SUITABLE CANDIDATES FOR POSITION OF MANAGING DIRECTOR & CEO
TERM OF SHIVAN J.K, CEO OF BANK CONCLUDES ON JAN 29, 2024
Source text for Eikon: ID:nNSE3qpW0b
Further company coverage: DNBK.NS
Oct 27 (Reuters) - Dhanlaxmi Bank Ltd DNBK.NS:
BOARD WILL IDENTIFY AND EVALUATE SUITABLE CANDIDATES FOR POSITION OF MANAGING DIRECTOR & CEO
TERM OF SHIVAN J.K, CEO OF BANK CONCLUDES ON JAN 29, 2024
Source text for Eikon: ID:nNSE3qpW0b
Further company coverage: DNBK.NS
Dhanlaxmi Bank Provisional Total Deposits For Quarter Ended September 30 Grew 8.17% YoY
Oct 3 (Reuters) - Dhanlaxmi Bank Ltd DNBK.NS:
PROVISIONAL TOTAL DEPOSITS AS ON SEPT 30 AT 137.89 BILLION RUPEES, UP 8.17% YOY
PROVISIONAL TOTAL BUSINESS AS ON SEPT 30 AT 241.01 BILLION RUPEES, UP 10.27% YOY
Source text for Eikon: ID:nBSE2RV968
Further company coverage: DNBK.NS
Oct 3 (Reuters) - Dhanlaxmi Bank Ltd DNBK.NS:
PROVISIONAL TOTAL DEPOSITS AS ON SEPT 30 AT 137.89 BILLION RUPEES, UP 8.17% YOY
PROVISIONAL TOTAL BUSINESS AS ON SEPT 30 AT 241.01 BILLION RUPEES, UP 10.27% YOY
Source text for Eikon: ID:nBSE2RV968
Further company coverage: DNBK.NS
Dhanlaxmi Approved A Revised Resolution On Issue Of Equity Shares Of Bank On Rights Issue Basis
Sept 29 (Reuters) - Dhanlaxmi Bank Ltd DNBK.NS:
APPROVED A REVISED RESOLUTION ON ISSUE OF EQUITY SHARES OF BANK ON RIGHTS ISSUE BASIS
THERE IS NO CHANGE IN AMOUNT OF RIGHTS ISSUE
Source text for Eikon: ID:nNSE7qsQY6
Further company coverage: DNBK.NS
Sept 29 (Reuters) - Dhanlaxmi Bank Ltd DNBK.NS:
APPROVED A REVISED RESOLUTION ON ISSUE OF EQUITY SHARES OF BANK ON RIGHTS ISSUE BASIS
THERE IS NO CHANGE IN AMOUNT OF RIGHTS ISSUE
Source text for Eikon: ID:nNSE7qsQY6
Further company coverage: DNBK.NS
Dhanlaxmi Bank Says RBI approved Appointment Of K.N Madhusoodanan As Part-Time Chairman
Sept 26 (Reuters) - Dhanlaxmi Bank Ltd DNBK.NS:
RBI APPROVED APPOINTMENT OF K.N MADHUSOODANAN AS PART-TIME CHAIRMAN
Source text for Eikon: [ID:]
Further company coverage: DNBK.NS
Sept 26 (Reuters) - Dhanlaxmi Bank Ltd DNBK.NS:
RBI APPROVED APPOINTMENT OF K.N MADHUSOODANAN AS PART-TIME CHAIRMAN
Source text for Eikon: [ID:]
Further company coverage: DNBK.NS
India's Dhanlaxmi Bank shares recover from plunge led by director exit
Updates share movement in paragraphs 1, 2
BENGALURU, Sept 18 (Reuters) - Shares of private lender Dhanlaxmi Bank DNBK.NS recovered on Monday after plunging 9% following the exit of Sridhar Kalyanasundaram, an independent director who cited differences with the board on matters including the bank's rights issue and capital position.
The shares bounced back to trade 5.5% higher at 30.85 rupees as of 01:31 p.m. IST.
Kalyanasundaram was appointed as independent director of the Thrissur, Kerala-headquartered bank in December 2022. The bank is currently led by Chief Executive Officer Shivan J.K., who did not immediately respond to a Reuters request for comment.
In a letter dated Sept.16, sent to the exchanges on Sunday, Kalyanasundaram said he raised questions over a planned rights issue of the bank, which remain unresolved.
Kalyanasundaram also alleged that he was threatened of being "sacked from the bank" for raising these concerns.
He further said certain concerns - including one over a recent one-time settlement with a corporate debtor - raised by him regarding "irregularities" in the way the bank's board and committee meetings were being held were "brushed away."
Kalyanasundaram wrote that the bank had regularly dismissed whistle-blower complaints even though some contained material allegations.
Dhanlaxmi Bank, with assets of just over 151 billion rupees as of March 2023, has seen an unprecedented executive churn over the years and is under heightened scrutiny by the Reserve Bank of India which has placed two directors on its board.
(Reporting by Chris Thomas in Bengaluru and Ira Dugal in Mumbai; Editing by Dhanya Ann Thoppil and Nivedita Bhattacharjee)
Updates share movement in paragraphs 1, 2
BENGALURU, Sept 18 (Reuters) - Shares of private lender Dhanlaxmi Bank DNBK.NS recovered on Monday after plunging 9% following the exit of Sridhar Kalyanasundaram, an independent director who cited differences with the board on matters including the bank's rights issue and capital position.
The shares bounced back to trade 5.5% higher at 30.85 rupees as of 01:31 p.m. IST.
Kalyanasundaram was appointed as independent director of the Thrissur, Kerala-headquartered bank in December 2022. The bank is currently led by Chief Executive Officer Shivan J.K., who did not immediately respond to a Reuters request for comment.
In a letter dated Sept.16, sent to the exchanges on Sunday, Kalyanasundaram said he raised questions over a planned rights issue of the bank, which remain unresolved.
Kalyanasundaram also alleged that he was threatened of being "sacked from the bank" for raising these concerns.
He further said certain concerns - including one over a recent one-time settlement with a corporate debtor - raised by him regarding "irregularities" in the way the bank's board and committee meetings were being held were "brushed away."
Kalyanasundaram wrote that the bank had regularly dismissed whistle-blower complaints even though some contained material allegations.
Dhanlaxmi Bank, with assets of just over 151 billion rupees as of March 2023, has seen an unprecedented executive churn over the years and is under heightened scrutiny by the Reserve Bank of India which has placed two directors on its board.
(Reporting by Chris Thomas in Bengaluru and Ira Dugal in Mumbai; Editing by Dhanya Ann Thoppil and Nivedita Bhattacharjee)
India's Dhanlaxmi Bank June-Quarter Net Profit Rises
July 31 (Reuters) - Dhanlaxmi Bank Ltd DNBK.NS:
INDIA'S DHANLAXMI BANK JUNE-QUARTER NET PROFIT 283 MILLION RUPEES VERSUS LOSS 264.3 MILLION RUPEES
DHANLAXMI BANK JUNE-QUARTER INTEREST EARNED 2.89 BILLION RUPEES VERSUS 2.58 BILLION RUPEES
DHANLAXMI BANK JUNE-QUARTER PROVISIONS & CONTINGENCIES 276.4 MILLION RUPEES VERSUS 214.1 MILLION RUPEES
DHANLAXMI BANK JUNE-QUARTER GROSS NPA 5.21% VERSUS 5.19% PREV QUARTER
DHANLAXMI BANK JUNE-QUARTER NET NPA 1.09% VERSUS 1.16% PREV QUARTER
Source text for Eikon: ID:nBSE3VHWz3
Further company coverage: DNBK.NS
July 31 (Reuters) - Dhanlaxmi Bank Ltd DNBK.NS:
INDIA'S DHANLAXMI BANK JUNE-QUARTER NET PROFIT 283 MILLION RUPEES VERSUS LOSS 264.3 MILLION RUPEES
DHANLAXMI BANK JUNE-QUARTER INTEREST EARNED 2.89 BILLION RUPEES VERSUS 2.58 BILLION RUPEES
DHANLAXMI BANK JUNE-QUARTER PROVISIONS & CONTINGENCIES 276.4 MILLION RUPEES VERSUS 214.1 MILLION RUPEES
DHANLAXMI BANK JUNE-QUARTER GROSS NPA 5.21% VERSUS 5.19% PREV QUARTER
DHANLAXMI BANK JUNE-QUARTER NET NPA 1.09% VERSUS 1.16% PREV QUARTER
Source text for Eikon: ID:nBSE3VHWz3
Further company coverage: DNBK.NS
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What does Dhanlaxmi Bank do?
Established in 1927 in Thrissur, Kerala, Dhanlaxmi Bank has built a strong reputation for trust and innovation. With a focus on personalized services and strong customer relationships, the bank has experienced significant growth in customer base and business scale.
Who are the competitors of Dhanlaxmi Bank?
Dhanlaxmi Bank major competitors are Fino Payments Bank, Suryoday Small Finan, Utkarsh Small Fin., DCB Bank, Equitas Small Fin., CSB Bank, Karnataka Bank. Market Cap of Dhanlaxmi Bank is ₹904 Crs. While the median market cap of its peers are ₹5,337 Crs.
Is Dhanlaxmi Bank financially stable compared to its competitors?
Dhanlaxmi Bank seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Dhanlaxmi Bank pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Dhanlaxmi Bank latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Dhanlaxmi Bank allocated its funds?
Company has been allocating majority of new resources to productive uses like advances.
How strong is Dhanlaxmi Bank balance sheet?
Latest balance sheet of Dhanlaxmi Bank is weak, and historically as well.
Is the profitablity of Dhanlaxmi Bank improving?
Yes, profit is increasing. The profit of Dhanlaxmi Bank is ₹88.24 Crs for TTM, ₹66.64 Crs for Mar 2025 and ₹57.82 Crs for Mar 2024.
Is Dhanlaxmi Bank stock expensive?
Dhanlaxmi Bank is not expensive. Latest PE of Dhanlaxmi Bank is 10.25 while 3 year average PE is 22.77. Also latest Price to Book of Dhanlaxmi Bank is 0.63 while 3yr average is 0.68.
Has the share price of Dhanlaxmi Bank grown faster than its competition?
Dhanlaxmi Bank has given lower returns compared to its competitors. Dhanlaxmi Bank has grown at ~-20.85% over the last 2yrs while peers have grown at a median rate of -13.11%
Is the promoter bullish about Dhanlaxmi Bank?
There is Insufficient data to gauge this.
Are mutual funds buying/selling Dhanlaxmi Bank?
There is Insufficient data to gauge this.
