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BOM:532180

3 stories mentioning BOM:532180

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Asia

Dhanlaxmi Bank's Chief Vigilance Officer Steps Down

Dhanlaxmi Bank's (NSE:DHANBANK, BOM:532180) chief vigilance officer, Balasubramanian AD, has stepped down from the position with effect from Sunday, according to a Monday filing to the Indian stock exchanges.He stepped down on the completion of his tenure as chief vigilance officer.The lender's shares were down nearly 1% in recent trade.

BOM:532180NSE:DHANBANK
Asia

Indian Equities Slip on Tuesday as Profit Booking in Banking Sector Weighs

Indian benchmark indices ended lower on Tuesday as profit booking in banking heavyweights and mixed global cues weighed on the market.The BSE Sensex fell 416.72 points, or 0.5%, to close at 76,886.91, while the NSE Nifty 50 declined 97.00 points, or 0.4%, to settle at 23,995.70.Sentiment remained fragile amid stalled U.S.-Iran talks, rising crude oil prices, and weakness in the rupee.Investors also stayed cautious ahead of the U.S. Federal Reserve's policy decision, with expectations of unchanged interest rates.Among stocks, Dhanlaxmi Bank (NSE:DHANBANK, BOM:532180) surged 14% after reporting a rise in fiscal Q4 net profit to 434.9 million rupees from 289.8 million rupees a year earlier.HDB Financial Services (NSE:HDBFS, BOM:544429) raised 3.25 billion rupees through the allotment of non-convertible debentures on a private placement basis.

^BSENifty 50BOM:532180BOM:544429NSE:DHANBANKNSE:HDBFS
Asia

Dhanlaxmi Bank's Net Profit Rises in Fiscal Q4; Shares Jump 16%

Dhanlaxmi Bank's (NSE:DHANBANK, BOM:532180) net profit rose to 434.9 million Indian rupees in the fiscal fourth quarter ended March 31, from 289.8 million rupees a year ago.Earnings per share came in at 1.10 rupees from 0.85 rupees a year earlier, the bank said in a filing to the Indian stock exchanges.Revenue from operations in fiscal Q4 also increased to 4.43 billion Indian rupees from 3.51 billion rupees a year ago.The company's shares were up over 16% in recent trade.

BOM:532180NSE:DHANBANK