Dhanlaxmi bank to raise Rs 150 cr via 11% bonds
Dhanlaxmi Bank said it will raise Rs 150 cr by issuing non-convertible, 7-year bonds. The bonds will carry interest of 11% paid every six months. The debentures, of face value Rs 10 lakhs each, will be sold on a private placement basis. The notes will be of subordinated Tier-LI status, the private bank added. Dhanalakshmi […]