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dhanlaxmi bank ltd (DHANBANK) Details

Dhanlaxmi Bank Limited provides various banking and financial services in India. It offers deposit products, such as savings and current accounts, and term deposits; loans, including property, car, commercial, personal, education, and business loans, as well as loans against securities; and foreign exchange services comprising foreign currency cash, cheque deposits, foreign currency demand drafts, remittances, and foreign exchange cards. The company also provides investment products, such as gold coins and silver bars; export and import services; credit products comprising industrial and trade advance, import export assistance, and agricultural assistance; corporate salary products; and cash management services, as well as life, health, car, travel, and house and shop insurance products. In addition, it offers non-resident Indians banking, micro and agricultural banking, and financial planning services; and SME banking services, including working capital facilities, trade facilities, and capacity expansion services. Further, the company provides credit, debit, and gift cards; online services comprising mobile banking, bill payment, InstaPay, shopping, e-IT return filing, immediate payment, and mobile/DTH recharge services; and other services, including locker facilities and depository services. It serves corporate and institutional clients; micro, small, and medium enterprises; and individuals, traders, contractors, businessmen, professionals, etc. As of March 31, 2014, the company had 266 branches and 396 ATMs. Dhanlaxmi Bank Limited was founded in 1927 and is headquartered in Thrissur, India.

2,430 Employees
Last Reported Date: 09/2/14
Founded in 1927

dhanlaxmi bank ltd (DHANBANK) Top Compensated Officers

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dhanlaxmi bank ltd (DHANBANK) Key Developments

Dhanlaxmi Seeks To Sell Loans

Dhanlaxmi Bank Limited (BSE:532180) plans to sell INR 1000-1500 million bad loans to asset reconstruction companies in the current quarter.

Dhanlaxmi Bank Limited Appoints Rohit Jain as Additional Director

Dhanlaxmi Bank Ltd. announced that the Reserve Bank of India has appointed Shri. Rohit Jain, General Manager, Reserve Bank of India, New Delhi, as Additional Director of the Bank in place of Shri. Harihar Mishra, General Manager, Reserve Bank of India, Bengaluru for a period of two years with effect from February 13, 2015 to February 12, 2017 or till further orders, whichever is earlier.

Dhanlaxmi Bank Limited Reportsed Unaudited Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2014

Dhanlaxmi Bank Limited reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2014. For the quarter, the company's total income was INR 3,446.7 million compared to INR 3,275.2 million a year ago. Operating profit before provisions and contingencies was INR 61.2 million compared to operating loss before provisions and contingencies of INR 76.1 million a year ago. Profit from ordinary activities before tax was INR 171 million compared to loss from ordinary activities before tax of INR 1,193.7 million a year ago. Net profit was INR 171 million compared to net loss of INR 1,193.7 million a year ago. Basic and diluted earnings per share before and after extraordinary items was INR 0.96 compared to loss of INR 11.28 a year ago. For the nine months, the company's total income was INR 10,314.9 million compared to INR 10,173.5 million a year ago. Operating profit before provisions and contingencies was INR 323 million compared to 214.3 INR million a year ago. Profit from ordinary activities before tax was INR 251.4 million compared to loss from ordinary activities before tax of INR 1,176.4 million a year ago. Net profit was INR 251.4 million compared to loss of INR 1,176.4 million a year ago. Basic and diluted earnings per share before and after extraordinary items was INR 1.42 compared to loss of INR 11.11 a year ago.

 

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