Dhanlaxmi Bank Ltd is an Indian private sector bank headquartered in Thrissur, Kerala.
History
Dhanlaxmi Bank Ltd was incorporated on 14 November 1927 as Dhanalakshmi Bank at Thrissur with a capital of ₹11000 and seven employees. It became a Scheduled Commercial Bank in the year 1977.
The bank changed its name from Dhanalakshmi Bank to Dhanlaxmi Bank on 10 August 2010.[2]
In 2020, shareholders voted to remove CEO Sunil Gurbaxani at the bank's annual general meeting, owing to governance issues at the bank.[3]
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.[4]