Wednesday 27 February 2019

Reserve Bank Of India Has Decided To Take Dhanlaxmi Bank Limited

Reserve Bank of India has decided to take Dhanlaxmi Bank Limited out of the Prompt Corrective Action Framework, subject to certain conditions and continuous monitoring, as the Bank is found to be not breaching any of the Risk Thresholds of the PCA Framework.

The stock has surged 10% intraday and has hit the upper circuit.

India's largest retail brokerage Zerodha had faced connectivity issues in the morning on February 27, 2019 that resulted into piling up of major trading order backlog.

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