Dhanlaxmi Bank to raise up to ₹150 crore via Basel III compliant tier-II bonds

The bonds, with a face value of ₹1 crore each, will be issued on a private placement basis with a tenure of 10 years. Shares of Dhanlaxmi Bank Ltd ended at ₹23.87, up by ₹1.13, or 4.97%, on the BSE.

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