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Dhanlaxmi Bank LimitedImportant, 29-03-2025: Updates

29-03-2025 · 06:07 pm

Series XV Lower Tier II Bonds from Dhanlaxmi Bank, totaling Rs. 150 crore, have been fully redeemed, with interest duly paid as scheduled. The total payment amounted to Rs. 153.98 crore, which includes an interest component of Rs. 39.78 crore. This process aligns with their obligations and marks a completion of payments without any delays or issues. Investors should note the successful completion of this redemption, which reinforces the bank's compliance and financial management. Overall, this development reflects positively on Dhanlaxmi Bank's financial health and operational reliability.

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