Dhanlaxmi plans to raise fresh equity in April-June qtr - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Dhanlaxmi plans to raise fresh equity in April-June qtr

Another focus area would be the recovery of bad loans. Shivan plans to play to his strengths in his former role as chief general manager in charge of stressed assets at SBI. “Dhanlaxmi Bank has around Rs 700 crore of fully provided NPAs and, being an old private bank, the loans are largely collateralised,” said Shivan.

from Stocks-Markets-Economic Times
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