Private lender Dhanalakshmi Bank said its shareholders have passed a special resolution to rechristen the bank as 'Dhanlaxmi Bank'.
The shareholders of the bank also another resolution for issuing 2.10 crore equity shares to institutional buyers and investors.
They bank's shareholders also decided to seek a dividend of around 10 per cent, subject to approval of the Reserve Bank. Its board of directors had recommended a 10 per cent dividend at a meeting on May 11.
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