Dhanlaxmi Bank has appointed Ajith Kumar KK as its Managing Director & CEO, effective June 20, 2024. Kumar brings over 36 years of banking experience from Federal Bank.

Dhanlaxmi Bank has appointed Ajith Kumar KK as its MD and CEO for a three-year term. He currently serves as the Chief Human Resources Officer at Federal Bank.

Dhanlaxmi Bank reported a significant drop in net profit to Rs 3 crore in Q3 FY24, down from Rs 22 crore a year ago. The bank's total income, however, increased. Read more.

The Reserve Bank of India (RBI) has imposed penalties totaling Rs 2.49 crore on Dhanlaxmi Bank, Punjab and Sind Bank, and ESAF Small Finance Bank for non-compliance with regulatory norms.

Emcure Pharmaceuticals' IPO was fully subscribed on Day 1, with strong participation from institutional investors. The IPO received bids for 1,80,25,840 shares against 1,37,03,538 shares on offer.

The market capitalisation of BSE-listed firms reached an all-time high of Rs 445.43 lakh crore, driven by a strong rally in equities, with the Sensex crossing the historic 80,000 mark.

Star Health and Allied Insurance Company aims to double its Gross Written Premium to Rs 30,000 crore in the next four years, driven by deeper market penetration. The company has set an internal...

Gold prices in India climbed Rs 50 to Rs 72,550 per 10 grams on Wednesday, mirroring global trends. Silver also saw a surge, jumping Rs 300 to Rs 91,300 per kg. The rise in precious metal prices...

HDFC Bank shares climbed over 2% on Wednesday, boosting its market valuation by ₹28,758.71 crore. The surge was attributed to a potential increase in the bank's weightage in the MSCI emerging...

Emcure Pharmaceuticals' IPO was fully subscribed on Day 1, with strong participation from institutional investors. The IPO received bids for 1,80,25,840 shares against 1,37,03,538 shares on offer.

The market capitalisation of BSE-listed firms reached an all-time high of Rs 445.43 lakh crore, driven by a strong rally in equities, with the Sensex crossing the historic 80,000 mark.

Star Health and Allied Insurance Company aims to double its Gross Written Premium to Rs 30,000 crore in the next four years, driven by deeper market penetration. The company has set an internal...

Gold prices in India climbed Rs 50 to Rs 72,550 per 10 grams on Wednesday, mirroring global trends. Silver also saw a surge, jumping Rs 300 to Rs 91,300 per kg. The rise in precious metal prices...

CII Karnataka outlines its plan for driving sustainable and inclusive growth through focused initiatives in 2024-25, focusing on policy advocacy, competitiveness, and global partnerships.