Page 4 - Dhanlaxmi Bank
Dhanlaxmi Bank slides 5% as Q1 provisions jump 3-fold YoY to Rs 37 crore
The lender's provisioning for bad loans and contingenices spiked to Rs 37.02 crore in Q1FY21 as against Rs 9.27 crore a year ago. However, it was lower from previous quarter's Rs 56.89 crore
 "Dhanlaxmi Bank slides 5% as Q1 provisions jump 3-fold YoY to Rs 37 crore")
Dhanlaxmi Bank Q1 profit tumbles 69% on higher bad loan provisioning
Private sector Dhanlaxmi Bank on Monday posted a 69 per cent decline in its net profit at Rs 6.09 crore for the first quarter ended June 2020 due to higher provisioning.
RBI approves Sunil Gurbaxani's appointment as Dhanlaxmi Bank MD and CEO
Gurbaxani is working with Axis Bank at present.
 "RBI approves Sunil Gurbaxani's appointment as Dhanlaxmi Bank MD and CEO")
Dhanlaxmi Bank Q2 net nearly doubles to Rs 22cr, NPAs fall sharply
The private sector bank made provisions for bad loans and contingencies of Rs 25.38 crore for the September quarter
 "Dhanlaxmi Bank Q2 net nearly doubles to Rs 22cr, NPAs fall sharply")
Ex-PNB executive T Latha appointed new MD & CEO of Dhanlaxmi Bank
Her appointment will be for a period of three years w.e.f July 2, 2018
 "Ex-PNB executive T Latha appointed new MD & CEO of Dhanlaxmi Bank")
Dhanlaxmi Bank shows NPA, capital risks: Fitch
The rating agency says this is the first time investors in India have had to forgo interest on a bank capital instrument
CARE downgrades Dhanlaxmi's hybrid Tier-II bonds to default
Downgrade follows the bank's fall in its capital adequacy ratio to 7.51 per cent
Dhanlaxmi Bank zooms on heavy volumes
The stock zoomed 20% to Rs 29.55 on the NSE in intra-day trade on the back of over five-fold jump in trading volumes.
 "Dhanlaxmi Bank zooms on heavy volumes")
