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Dhanlaxmi Bank Ltd was incorporated on 14 November 1927 as Dhanalakshmi Bank at Thrissur with a capital of ₹11,000 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.
CSB Bank (formerly known as Catholic Syrian Bank Ltd) [1] — 1920 to Present; Dhanlaxmi Bank (known as Dhanalakshmi Bank before name change in 2010) — 1927 to Present [2] ESAF Small Finance Bank — 2017 to Present; Federal Bank — (In 1931 originally known as Travancore Federal Bank) [3] Kerala Bank; Kerala Gramin Bank — 2013 to Present
This page was last edited on 25 October 2010, at 09:30 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
Bank Name Established Headquarter Branches Revenues Total Assets Ref/Notes South Indian Bank: 1929: Thrissur: 875 ₹ 6,562.64 crore (US$770 million) ₹ 74,312.15 crore (US$8.7 billion) Dhanlaxmi Bank: 1927: Thrissur: 280 ₹ 1,116 crore (US$130 million) ₹ 12,286 crore (US$1.4 billion) CSB Bank Limited: 1920: Thrissur: 426 ₹ 1,617.49 crore ...
Rank Name of the Bank Year of Founding Year of Closing Fate Headquartered in References [1]; 1: The Madras Bank (1683) 1683: 1843: Merged with the Carnatic Bank, The British Bank of Madras (1795), and the Asiatic Bank to form the Bank of Madras in 1843
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In 2013, Yusuff Ali acquired 4.99% of the Thrissur-based CSB Bank [10] [11] and 4.99% shares of Thrissur based Dhanlaxmi Bank. [12] Also in 2013, he increased his stake in the Aluva-based Federal Bank to 4.47%. [13] In 2014 Yusuff Ali acquired 2% stake of South Indian Bank - another Thrissur based bank. [14]