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DHANBANK on National Stock Exchange of India

Dhanlaxmi Bank

Private bank in Kerala, India

Dhanlaxmi Bank is an Indian private sector bank headquartered in Thrissur, Kerala. It was incorporated on 14 November 1927 at Thrissur. It became a Scheduled Commercial Bank in the year 1977.2 Its shares trade on National Stock Exchange of India under the symbol DHANBANK.1 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

1927Founded1

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  • TickerDHANBANK on National Stock Exchange of India1
  • Industryfinancial sector1
  • HeadquartersThrissur1
  • Websitewww.dhan.bank.in
  • Listed onBombay Stock Exchange (532180), National Stock Exchange of India (DHANBANK)1
  • Legal formBanking Company - Others3
  • LEI335800CKSGJELHJHQ7683
  • StatusActive3
  • LEI statusIssued and current3
  • Registered addressDHANALAKSHMI BANK BUILDING, 680001 Trichur, India3
  • Registered withMinistry of Corporate Affairs, L65191KL1927PLC0003073

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Dhanlaxmi Bank is an Indian private sector bank headquartered in Thrissur, Kerala. It was incorporated on 14 November 1927 at Thrissur. It became a Scheduled Commercial Bank in the year 1977.2

The story

The bank changed its name from Dhanalakshmi Bank to Dhanlaxmi Bank on 10 August 2010.

In 2020, shareholders voted to remove CEO Sunil Gurbaxani at the bank's annual general meeting, owing to governance issues at the bank.

In April 2024, the Reserve Bank of India approved the appointment of Ajith Kumar KK as the managing director and CEO of Dhanlaxmi Bank for three years. Kumar will succeed incumbent CEO & MD J.K. Shivan.

In 2010, shares of Dhanlaxmi Bank reached an all-time high of nearly Rs 200 during strong market momentum in the banking sector.

In December 2024, the board of Dhanlaxmi Bank approved a right issue to raise up to ₹297.54 crore by issuing 14.16 crore equity shares to eligible shareholders to bolster its capital adequacy ratio.

From Wikipedia’s article on Dhanlaxmi Bank, shared under CC BY-SA 4.0.4

Products and brands

  • credit card

Listed on Wikidata.1

Dhanlaxmi Bank has deployed a 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 data centre in Bangalore, to keep the networked system operational round the clock. Reserve Bank of India empanelled the Bank as agency Bank for Government agency Business. In 2022, Dhanlaxmi Bank introduced Customs duty collection services through digital services and Goods and Services Tax(GST) collection through online and over the counter methods.

Partnerships

The bank is a depository participant of NSDL (National Security Depository Limited) offering Demat services through select branches. It has partnered with AGS Infotech for the installation of ATMs. It offers VISA & Rupay-branded debit cards and VISA-branched credit cards to customers. It is also offering insurance services through Bajaj Allianz Life Insurance and CANARA HSBC OBC LIFE company as their Bancassurance life insurance channel partner and Bajaj Allianz General Insurance as General Insurance Channel Partner.

Credit cards

In March 2010, the bank launched Dhanlaxmi Bank Platinum Credit cards.

From Wikipedia’s article on Dhanlaxmi Bank, shared under CC BY-SA 4.0.4

Timeline

  1. 1927Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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