What we do Dhanlaxmi Bank Ltd is a private sector scheduled commercial bank providing a wide range of banking and financial services primarily in southern India, focusing on retail, corporate and treasury banking. |
Founded in 1,927 |
Market share Strong presence in Kerala and southern India with growing footprint in 14 states and 2 union territories; steadily expanding branches and ATMs. |
Problem solved Facilitates financial inclusion, supports economic prosperity with diverse banking services, micro-credit, and efficient digital banking solutions. |
Top clients or who we serve Retail customers, corporate clients, NRIs, educational institutions; B2B and B2C across urban, semi-urban, and rural regions. |
Key management Ajith Kumar K.K., Managing Director & CEO since June 2024; experienced leadership driving banking growth and technology adoption. |
Our journey and innovations Founded 1927, expanded across southern India, introduced Centralized Banking Solution, digital platforms, international debit card, and NRI boutiques. |
Where we operate Primarily southern India including Kerala, Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, and presence across 14 states and 2 UTs. |
Top products or what we offer Retail banking, corporate banking, treasury services, digital banking platforms, insurance products, microfinance, demat services, and trade finance. |
Top brands Dhanam Global Connect (NRI savings), Dhan Smart Mobile Banking App, Pay Smart 2 Fee Management System, and various deposit and loan products. |
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Raw materials supplier - |
Recurring vs cyclical contribution Revenue mainly from interest income (loans and advances), non-interest income from fees and treasury operations; largely recurring from banking services. |
Our industry position A well-established regional private bank with a stable capital base and improving credit quality; focusing on retail and small business segments. |
Financial highlights FY 2024-25 total business Rs 28,219 Cr, deposits Rs 16,013 Cr, gross advances Rs 12,205 Cr, net profit Rs 66.64 Cr, CRAR 16.12%, ROA 0.41%. |
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Whats driving growth Branch expansion, digital banking, increasing advances and deposits, strong NRI focus, rights issue fund raising, and improved asset quality. |
Our future plans Expanding branch network, enhancing technology platforms, increasing CASA deposits, issuing Tier II bonds, and strengthening capital adequacy. |
Our green promise Operating solar-powered branches, energy-efficient equipment deployment, and commitment to reducing carbon footprint through green initiatives. |
Our people and values 1756 employees with gender diversity, focus on inclusive workplace, training, and customer-centric service culture. |
Key challenges ahead Managing asset quality, competitive banking environment, regulatory compliance, and balancing growth with capital requirements. |
Interesting facts Oldest private sector bank in Kerala, pioneering microfinance among peers, unique NRI boutiques, and extensive digital banking adoption. |
Risks and strategy Credit risk managed via rigorous policies, capital buffers strengthened through rights issue and bond issuance, ongoing risk framework enhancements. |
