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Dhanalakshmi Bankwas incorporated on 14th November 1927 by a group ofpublic spirited entrepreneurs at Thrissur, the cultural capital of Kerala with a

capital of Rs.11,000 and 7 employees. It became a Scheduled Commercial

Bank in the year 1977. It is today a pan India entity with 181 branches and 26

Extension Counters spread over the States of Kerala, Tamil Nadu, Karnataka,

Andhra Pradesh, Maharashtra, Gujarat, Delhi and West Bengal.

The Bank has recently received approval from the Reserve Bank of India for

opening 66 branches across the country, 5 Regional Offices in Kerala at

Thiruvananthapuram, Ernakulam,Thrissur, Palakkad and Kozhikode and 2

Central Processing Centers at Thrissur and Hyderabad. It also proposes to

add 380 ATMs during the year taking the customer touch points from the

present 279 to 725 by the end of 2009-10.

The Bank serviced a business of Rs.8212 crores as on 31.03.2009 comprising

deposits of Rs.4969 crores and advances of Rs.3243 crores. The Bank made a

net profit of Rs.57.45 crores for the year ended 31st March 2009. The Capital

Adequacy Ratio of the Bank as on 31.03.2009 was 14.44% (Basel I) and 15.38%(Basel II) and its networth exceeded Rs.400 crores as on that date. The Banks

business growth rates during the year 2008-09 far exceeded that of the

banking industry.

The Bank is tech savvy and has deployed technology widely as an instrument

for enhancing the quality of customer service. It has introduced 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 state-of-the-art Data Centre

in Bangalore, to keep the networked system operational round the clock. A

Disaster Recovery Centre is also operational at Trichur for meeting variouscontingencies.

The Bank lays stress on customizing services and personalizing relations. It has

introduced an International Debit Card through a tie-up with M/s Visa

International and has provided to its customers access free of cost to more

than 30,000 ATMs in the country. The Bank has installed 73 networked ATMs

thus far in centres of high banking activity.

The Bank has introduced tele-banking and Internet banking at all branches. It

is also providing speedy cheque collection facilities to its constituents through

Cash Management Services (CMS) at all its branch locations.

The Bank has put in place Real Time Gross Settlement (RTGS) and National

Electronic Fund Transfer (NEFT) Systems to facilitate large value payments and

settlements in real time through on-line mode on a transaction-by-transaction

basis.

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The Bank has ventured into insurance business and is sell ing the products of

M/s. Bajaj Alliance Insurance Company Ltd., as their corporate agent. The

Bank is also a depository participant of NSDL (National Security Depository

Limited) offering Demat services through select branches.

With a view to making available value-added services to the NRIs, the Bankhas set up NRI Boutiques (Relationship Centres) at 9 locations in the State of

Kerala and Tamil Nadu. The Bank has also plans to open specialized NRI

outlets with accent on quality of service at potential locations. As at the end

of March 2009, the Bank had Rupee Drawing Arrangements with 8 Exchange

Houses in the Middle East. For fast money transfer, it has tied up with UAE

Exchange & Financial Services for Xpress Money and Moneygram, Wallstreet

Finance for Wallstreet instant cash and Indusind Bank Limited for Zoha Inc. The

Bank has also tied up with SBI Mutual Fund, Birla Sunlife Mutual Fund and

Principal PNB Asset Management Company Pvt Ltd for selling their products.

The Banks Corporate Office, Thrissur and Industrial Finance Branch at Kochi

have been accredited with certification under ISO 9001-2000.

On the socio-economic front, the Bank is a leading player in dispensation of

Micro Credit among Kerala-based Banks, both public and private. As at the

end of March 2009, the outstandings under micro credit were Rs.124.40

crores. This involvement is part of the Banks objective to act as a catalyst for

the economic prosperity of the country. The Bank has recognized micro

finance intervention as an effective tool for poverty alleviation and has

streamlined the linkage between the Bank and Self Help Groups through

nearly 130 branches. The Priority sector advances of the Bank as at 31st March

2009 constituted 53.48% of Net Bank Credit well above the RBI benchmark of

40%. Agricultural advances as a percentage of Net Bank Credit was 21.40%as against the RBI norm of 18%.

The Bank is managed by a Board of Directors comprising professionals drawn

from various walks of life with Shri.G.N.Bajpai as Chairman and Shri. Amitabh

Chaturvedi as the Managing Director and CEO.