Credit Rating
Dhanlaxmi Bank Ltd has informed BSE that CARE has revised the rating on Upper Tier II Bonds of the Bank from CARE BB to CARE D. There is no revision in ratings of other bonds of the Bank. A copy of the letter from CARE is enclosed.
Dhanlaxmi Bank's upper tier II bonds downgraded to default rating
This is the first case of a bank receiving a default rating on any of its instruments Updates on Bond Interest Payment
Dhanlaxmi Bank Ltd has informed BSE that the Reserve Bank of India has advised the Bank to make the payment of interest on the Upper Tier II Series I bonds, due for payment on July 30, 2016. in later years, as per the terms of the issue, subject to the Bank complying with the regulatory requirement of CRAR, with prior approval of Reserve Bank of India. Updates
Dhanlaxmi Bank Ltd has informed BSE that United Forum of Bank Unions (UFBU) has served a notice of strike on Indian Banks Association, informing their decision to go on strike at all banks on July 29. 2016 in support of their demands.If the strike materializes, the normal functioning of the branches / offices of the Bank may get affected. The Bank is making all efforts to minimize the impact of strike and to provide normal banking services to the customers. Appointment of Directors
Dhanlaxmi Bank Ltd has informed BSE that the Board of Directors of the Bank at its meeting held on July 04, 2016 has appointed Shri. Arun Rao M.G and Shri. P.S Sreekumar as Additional Directors on the Board of the Bank. Shareholding for the Period Ended June 30, 2016
Dhanlaxmi Bank Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30, 2016. For more details, kindly Click here Board Meeting Intimation for Results & Closure of Trading Window
Dhanlaxmi Bank Ltd has informed BSE that a meeting of the Board of Directors of the Bank is scheduled to be held on August 11, 2016, inter alia, to consider / approve the financial results of the Bank for the quarter ended June 30, 2016.Further, as per Bank's Code of Conduct to Regulate. Monitor and Report Trading by Insiders, the Trading Window shall remain closed for all the insiders of the Bank including Directors, designated employees... Statement of Investor Complaint under Reg. 13(3) of SEBI (LODR) Regulations, 2015 for Quarter ended June 30, 2016
Dhanlaxmi Bank Ltd has informed BSE regarding Quarterly Statement on Investor Complaints / Grievances Redressal Mechanism for the Quarter ended June 30, 2016, under Regulation 13(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Completion of Dispatch of postal ballot notice & form
Dhanlaxmi Bank Ltd has submitted to BSE a copy of the advertisements on completion of dispatch of postal ballot notice & form published on July 13, 2016. Notice of Postal Ballot
Dhanlaxmi Bank Ltd has submitted to BSE a Copy of the Notice of Postal Ballot.