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Dhanlaxmi Bank Ltd is an Indian private sector bank headquartered in Thrissur, Kerala. History. Dhanlaxmi Bank Ltd was incorporated on 14 November 1927 as ...
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 ]
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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This broker goes to another bank and tries to sell the securities and vice versa for buying. Since Mehta was a renowned broker, he got cheques issued in his name instead of the bank. When the bank wanted money for the securities, he approached another bank and repeated the same process, and invested the bank money in the stock market. [10]
The company was partnered with Dhanlaxmi Bank in June 2017. [12] It is also tied up with Can Fin Homes and [13] IndianMoneyInsurance.com. [14] In April 2020, Oriental Bank of Commerce had merged with Punjab National Bank. [15] [16] On 15 June 2022, the company rebranded as Canara HSBC Life Insurance. [17]
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]
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.