PRIVATE SECTOR BANKS IN INDIA – DHANALAKSHMI BANK
PRIVATE BANKS IN INDIA – DHANALAKSHMI BANK
Dhanlaxmi Bank Ltd. was incorporated in 1927 at Thrissur, Kerala by a group of ambitious and enterprising entrepreneurs. Over the 84 years that followed, Dhanlaxmi Bank with its rich heritage has earned the trust and goodwill of clients. It is due to the strong belief in the need to seek innovation, deliver best service and demonstrate responsibility, that the bank has grown from strength to strength. Be it in the number of customers, the scale of business, the breadth of our product offerings, the banking experience it offers or the trust that people invest in it. With more than 712 touch points across India at your service; the focus of the bank has always been on customizing services and personalizing relations.
The Bank has Serviced business worth Rs. 21,595 crores as on 31 March 2011, comprising deposits of Rs. 12,530 crores and advances of Rs. 9,065 crores and Earned a net profit of Rs. 26.1 crores for the financial year ended 31st March 2011, with a capital adequacy ratio of 11.8% (Basel II) during the same period. Dhanalakshmi Bank has Put in place the Real Time Gross Settlement (RTGS) and National Electronic Fund Transfer (NEFT) systems to facilitate large value payments and settlements online in real time, on a transaction-by-transaction basis and has Set up NRI Boutiques (Relationship Centres) across nine locations in Kerala and Tamil Nadu, with plans to open specialized NRI outlets at potential locations with emphasis on impeccable service levels. The Bank is a major player in micro credit in Kerala and the Bank’s outstanding under micro credit was Rs. 266 crores at the end of March 2011 and has Attained ISO 9001-2000 certification for the Bank’s corporate office at Thrissur and industrial finance branch at Kochi.