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Entity-Specific Rating Rationales

24 Mar 2026

Dhanlaxmi Bank Limited: Rating reaffirmed

Dhanlaxmi Bank Limited: Rating reaffirmed

25 Mar 2025

Dhanlaxmi Bank Limited: [ICRA]BBB- (Stable) assigned to Basel III Tier II bonds

Dhanlaxmi Bank Limited: [ICRA]BBB- (Stable) assigned to Basel III Tier II bonds

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Entity-Specific Credit Perspective Reports

28 Apr 2026

Dhanlaxmi Bank Limited

Dhanlaxmi Bank Limited (Non-SF)

28 Apr 2025

Dhanlaxmi Bank Limited

Dhanlaxmi Bank Limited (Non-SF)

Ratings

Description
Short Term
Medium Term
Long Term
Issuer
Basel III Tier II Bonds -- -- [ICRA]BBB-(Stable) --
Lower Tier II Bonds -- -- Withdrawn --

Our Analysts

Analyst 1

Mayank Mehta

Analyst 2

Sachin Sachdeva

Sector Head

Karthik Srinivasan
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