Corporate

Dhanalakshmi Bank raises Rs 150 crore

Dhanalakshmi Bank today said it has raised Rs 150 crore by selling bonds to investors on a private placement basis. - OBC to open over 100 new branches by fiscal-end - City Union Bank to raise Rs 300cr - Axis Bank announces Somnath Sengupta as ED, CFO - Banks wash off hands of delayed, faulty mobile, email alerts - India owes $82.5 billion to foreigners: RBI - Banking sector tops m-cap rankings The bonds carry a rate of 10.30 per cent and have a tenure of five years and seven months. The interest payment will be on annual basis and the due date for the same would be September 30 every year, it said. UTI Technologies Services has been appointed as registrar and transfer agents and Axis Trustee Services Ltd as trustees.

Online payday loans commented:

This will be really good for them and they will surely able to raise the money

09.09.2011

Kwik Quid commented:

good news it is. They are on path of success.Hoping they will improve more and more.Thanks for such post.

11.11.2011

Kwikpayday commented:

Such money they will surely invest and get good outcome for themselves and market too.Thanks for such post.

18.11.2011

Multi Family Offices commented:

Thanks for writing this. I really feel as though I know so much more about this than I did before. Your blog really brought some things to light that I never would have thought about before reading it. You should continue this, Im sure most people would agree youve got a gift.

22.12.2011

Property Investment Australia commented:

Dhanalaxmi is very largerly growing bank in our country so there will be no hiccup for them to get money by selling their bonds to the investors.Its helpful to read this article.

31.12.2011

Philanthropy Asia commented:

I recently came across your website and have been scaning along. I thought I could leave my first comment. I don’t know what to say except that I have enjoyed reading what you all have to say

03.01.2012

Goa Escort commented:

I really like your blog and am disappointed to see you haven’t posted since last year. Please keep posting and I will be back!This is really a nice work done by you.

03.01.2012


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