Dhanlaxmi Bank Limited (DHANBANK.NS) NSE

Currency In INR

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Dhanlaxmi Bank Limited

Address

Punkunnam

Thrissur, 680002

India

Phone

91 48 7710 7100

Sector

Financial Services

Industry

Banks - Regional

Employees

1686

First IPO Date

April 01, 2004

Key Executives

NameTitlePayYear Born
Ajith Kumar K. K.Chief Executive Officer, MD & Director6.06M1963
Suresh Kumar V.Assistant GM & Head of Legal0N/A
T. A. KavithaDeputy GM & Chief Financial Officer0N/A
Santoy JohnGM & Chief Compliance Officer0N/A
Sunny GeorgeDeputy GM & Head of Operations0N/A
V. SatheesanGM & Head of Internal Audit0N/A
S. BinoyDeputy GM & Head of Business Development (Liabilities)0N/A
John VarugheseHead – IT & Digital Banking & GM0N/A
RanjithDeputy GM & Chief Information Security Officer0N/A
R. AbhilashDeputy GM & Chief Risk Officer0N/A
Rajan SleebaDeputy GM & Head of Human Resources0N/A
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Description

Dhanlaxmi Bank Limited offers an extensive array of banking and financial services across India. The company operates through distinct divisions, including Treasury Operations, Corporate/Wholesale Banking, Retail Banking, and Other Banking Business Operations. It provides diverse deposit products, such as savings, current, and term accounts, alongside a broad portfolio of loan options like property, vehicle, commercial, personal, education, and business loans, as well as facilities for loans against securities. The bank also facilitates foreign exchange services, encompassing foreign currency cash, cheque deposits, demand drafts, and various remittance solutions. Further offerings include export and import services, credit products like industrial and trade advances, import/export assistance, and support for agricultural initiatives. Additionally, it manages corporate salary accounts, offers cash management services, and distributes insurance products covering life, health, and automotive needs. For Non-Resident Indians (NRIs), Dhanlaxmi Bank delivers specialized banking services, which feature Non-Residential External (NRE) and Non-Resident Ordinary (NRO) accounts, recurring and term deposits, Foreign Currency Non-Resident (FCNR) fixed deposits, and Resident Foreign Currency (RFC) accounts, along with money transfer facilities and property loans tailored for NRIs. The institution also engages in micro and agricultural banking and provides financial planning services. Small and Medium Enterprises (SMEs) benefit from a dedicated banking segment offering working capital facilities, trade solutions, and capacity expansion services. Consumer banking is enhanced through credit, debit, and gift cards, while investment, depository, and online banking services provide convenience. Safety deposit locker facilities are also available. As of March 31, 2021, Dhanlaxmi Bank maintained a network of 245 branches and 257 ATMs, distributed across 14 States and 1 Union Territory. The bank was established in 1927 and is headquartered in Thrissur, India.

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