NEWS & ADVICE : PERSONAL LOAN
Dhanlaxmi Bank aims recapitalization in few months
By Vaibhav Aggarwal
Nov 4, 2011
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Private sector lender Dhanlaxmi Bank is aiming to introduce fresh capital into its structure in a period of 2-3 months from now.

According to CEO and MD of the bank, Mr Amitabh Chaturvedi, the entire recapitalization process should get completed by March 2012. However, he did not mention the amount of capital that would be pumped into the bank.

The bank is also doing well in its gold loan business. Initially the bank had introduced gold coins in denominations of 5g and 10g. Seeing the success in terms of sale of these coins, the lender has now launched coins in other denominations too like 2g, 8g, 20g and 50g, said Chaturvedi.


 


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