Dhanlaxmi Bank

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Dhanlaxmi Bank
Traded asBSE532180
Financial services
HeadquartersThrissur, Kerala, India
Key people
Mr. Sajeev Krishnan
ProductsCredit cards, Consumer banking, Corporate banking, Finance and Insurance, Mortgage loans, Private banking, Wealth management, Investment banking
RevenueDecrease1,116 crore (US$160 million) (2018)[1]
Increase 146.18 crore (US$20 million) (2018)[1]
Increase (24.87) crore (US$3.5 million) (2018)[1]
Total assetsDecrease12,286 crore (US$1.7 billion) (2018)[1]
Number of employees
Capital ratio13.87% [1]

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% to 2.62% 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[2]


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 CANARA HSBC OBC LIFE company as their Bancassurance partner.

Credit cards[edit]

In March, 2010, the bank launched Dhanlaxmi Bank Platinum and Gold Credit cards.[3]

See also[edit]


  1. ^ a b c d e f "Balance Sheet 31.03.2017". dhanbank.com (15 March 2018).
  2. ^ "Name Change - Dhanlaxmi Bank".
  3. ^ "Dhanlaxmi Bank launches credit cards". The Business Standard. Retrieved 28 March 2010.

External links[edit]