Dhanlaxmi Bank Ltd. was incorporated in 1927 at Thrissur, Kerala by a group of ambitious and enterprising entrepreneurs.Over the 89 years that followed, Dhanlaxmi Bank with its rich heritage has earned the trust and goodwill of clients. It is due to our strong belief in the need to seek innovation, deliver best service and demonstrate responsibility, that we have 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 we offer or the trust that people invest in us. With more than 653 touch points across India at your service; our focus has always been on customizing services and personalizing relations.

Highlights

• 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.
• 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.
• 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.
• 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.
• 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.
• Dispensed Micro Credit among private and public banks in Kerala, the Bank's outstanding under micro credit was Rs. 270.62 crores at the end of March 2009.
• Attained ISO 9001-2000 certification for the Bank's corporate office at Thrissur and industrial finance branch at Kochi.

Milestones

1927 - Founded on 14 November, 1927, at Thrissur, Kerala
1975 - Set up the first branch outside the home state of Kerala, at Chennai Mount Road
1977 - Designated as Scheduled Commercial Bank by the Reserve Bank of India (RBI)
1980 - 100-strong branch network
1986 - Total business of Rs. 100 crores
1996 - First public issue. Total business of Rs. 1,000 crores
2000 - Installed the first ATM
2002 - First Rights Issue
2002 - Platinum Jubilee year
2007 - Total business of Rs. 5,000 crores. 80th Anniversary year
2008 - Total business of Rs. 7,500 crores. Second Rights Issue
2009 - Opened 45 new branches and 102 new ATMs
2010 - Raised Rs. 381 crores through QIP in July 2010, Opened 20 new branches and 280 new ATMs, launched new brand identity; created platform for a unified image
2011- Launched its 275th branch in Jan 2011; ATM network expanded to 456, Total asset base for the bank was Rs.14,268 cr, as on 31.03.2011.