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Dhanlaxmi Bank Ltd.
A group of entrepreneurs took initiative to establish Dhanalakshmi Bank Ltd., in Thrissur in Kerala on 14th November 1927. It had total capital of Rs 11,000 and seven employees then. It was in 1977 that this bank was granted the status of Scheduled Commercial Bank.
Headquartered at Thrissur city in Kerala today’s Dhanlaxmi Bank Ltd., is an oldest but fast growing private sector Indian bank. Earlier this bank had its concentration in the Southern states Kerala, Karnataka, Tamil Nadu and Andhra Pradesh. Today it has expanded to other parts with branches in different Indian cities.
Today Dhanlaxmi Bank Ltd., is national banking operation in India with 275 branches and 404 ATMs in all four southern states and states of Maharashtra, Gujarat, Delhi, West Bengal, Madhya Pradesh, Punjab, Uttar Pradesh, Rajastan, Chandigarh, Goa and Hariyana.
The bank has progressed up to an extent that its current employee strength is 4400. Its current recorded net profit is Rs. 26.06 crores. The total income of this bank recorded was Rs.1,053.19 crores.
Dhanlaxmi Bank Ltd., name was adopted from previous Dhanalakshmi Bank recently. It offers VISA debit and credit cards to its customers. The credit card services began in 2010.
Dhanlaxmi Bank Ltd., revamped itself in 2009 and initiated brand transformation initiative under which changed logo besides reforming brand treatment approach for clientele base.
Dhanlaxmi Bank Ltd Details:
IFSC Code of Banks In India