Dhanlaxmi Bank

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Dhanlaxmi Bank Ltd
Private-sector bank
Traded as BSE532180
Industry Banking
Financial services
Founded 1927
Headquarters Dhanlaxmi Bank Ltd,
Dhanalakshmi Buildings, Naickanal
Kerala, India
Key people
T Y Prabhu, G Sreeram
Products Investment Banking
Commercial Banking
Retail Banking
Private Banking
Credit Cards
Website Dhanbank.com

Dhanlaxmi Bank Ltd is an old private sector bank headquartered in Thrissur City, Kerala, India.


Dhanalakshmi Bank Ltd was incorporated on 14 November 1927 at Thrissur city,Kerala with a capital of 11,000 and 7 employees. It became a Scheduled Commercial Bank in the year 1977. Today it has 280 branches and 398 ATMs spread over the states of Kerala, Tamil Nadu, Karnataka, Andhra Pradesh, Telangana, Maharashtra, Gujarat, Delhi, West Bengal, Madhya Pradesh, Punjab, Uttar Pradesh, Rajasthan, Chandigarh, Goa, and Haryana.

Business Overview[edit]

Headquarters of Dhanalakshmi Bank in Thrissur city

Dhanlaxmi Bank has reported an operating profit of Rs.12.58 crore in Q1 of FY 15-16 and posted net loss of Rs.22.71 crore for the same period.CRAR of the Bank under Basel III as on 30.06.15 was 9.20% as against 9.06% during the same period of the last financial year. Net Interest Income increased by 9.35% from Rs.75.9 crore to Rs.83.07 crore on Year on Year basis.NIM improved from 2.41% to2.62 %.on Y-o-Y basis. Dhanlaxmi Bank has deployed Centralised Banking Solution (CBS) on the Flexcube platform at all its branches for extending anywhere/anytime/anyhow banking to its clientele through multiple delivery channels. The bank has set up a data centre in Bangalore, to keep the networked system operational round the clock. A disaster recovery centre is also operational at Thrissur for meeting various contingencies.

Change of Name[edit]

The bank has changed its name from Dhanalakshmi Bank to Dhanlaxmi Bank on 10 August 2010[1]


The bank is a depository participant of NSDL (National Security Depository Limited) offering Demat services through select branches. Bank is offering online trading in association with Religare securities. It has partnered AGS Infotech for installation of ATMs. It offers VISA-branded debit and credit cards to customers. It is also offering insurance services through Bajaj Allianz Life Insurance company as their Bancassurance partner.

Credit cards[edit]

In March, 2010, the bank launched Dhanlaxmi Bank Platinum and Gold Credit cards.[2]


  1. ^ "Name Change - Dhanlaxmi Bank". 
  2. ^ "Dhanlaxmi Bank launches credit cards". The Business Standard. Retrieved 2010-03-28. 

External links[edit]