3.

1 Introduction

The Dhanlaxmi bank Ltd was incorporated on 14th November 1927 by a group of
ambitious entrepreneurs at Thrissur, the cultural capital of Kerala. The bank started with
a Capital of Rs.11,000 and 7 employees and subsequently became a Scheduled
Commercial Bank in the year 1977.

The Bank has recently received approval from the Reserve Bank of India to open 66
branches and 380 ATMs across the country during 2009. This has increased the number
of customer outlets from 279 to 725 helping it attain a national stature.

The Bank is guided by a Board of Directors comprising eminent professionals.

Mr.G.N.Bajpai is the bank's Chairman and Mr. Amitabh Chaturvedi, the Managing
Director and CEO.

3.2 Mission

"To become a strong and innovative bank with integrity and social responsibility and to
maximize customer satisfaction and the satisfaction of its employees, shareholders and
the community."

3.3 Achievements

• The Bank serviced a business worth Rs.8,212 crores as on 31 March 2009,

comprising of deposits worth Rs.4969 crores and advances worth Rs.3245 crores.
• The Bank made a net profit of Rs.57.45 crores during the financial year ended
31st March 2009 and had a Capital Adequacy Ratio of 14.44% during the same
period.
• The Bank has put the Real Time Gross Settlement (RTGS) and National
Electronic Fund Transfer (NEFT) systems in place to facilitate large value
 payments and settlements online in real time, on a transaction-by-transaction
basis.
• In an effort to provide NRIs with value-added services, the Bank has set up NRI
Boutiques (Relationship Centres) at 9 locations in the states of Kerala and Tamil
Nadu. The Bank also has plans to open specialized NRI outlets at potential
locations, stressing on the highest quality of service.
• On the socio-economic front, the Bank plays a leading role in dispensing Micro
Credit among private and public banks based in Kerala. As at the end of March
2009, the outstanding under micro credit were Rs.124.40 crores. This involvement
is part of the Bank's objective to act as a catalyst for the economic prosperity of
the country.
• The Bank's Corporate Office at Thrissur and Industrial Finance Branch at Kochi
have been accredited with certification under ISO 9001-2000.

3.4 Affiliations

 Major Exchange Houses

o UAE Exchange Centre LLC
o Al Ahalia Money Exchange Bureau
o UAE Exchange Centre WLL
o
 Foreign Correspondent Banks
o Deutsche Bank Trust Company Americas
o Wachovia Bank NA - A Wells Fargo Company
o Commerzbank AG
o National Westminster Bank PLC
 Insurance Partner
o Bajaj Allianz

CORPORATE OFFICE

 Dhanlaxmi Buildings
Naickanal, Thrissur - 680 001
Kerala.

3.5 Financial Inclusion Incentives

• Priority Sector Advances of the Bank as on 31.03.2009 stood at Rs.1148 crore.

The priority sector ratio as on that date was 53.48%, well above the RBI
benchmark of 40%
• The Bank surpassed the RBI norm of 18% in respect of agricultural credit by
recording 21.40% as on 31.03.2009 with outstanding of Rs.557 crore.
 • The Bank’s achievement under weaker sections stood at 10.31% as against the
RBI benchmark of 10% with outstanding amount of Rs.22.29 crore as on
31.03.09.
• The outstanding in the area of Micro credit was Rs.125 crore as on 31.03.2009.
• The number of Savings Bank accounts maintained by Self Help Groups (SHGs)
with the Bank was 20740 while the credit facilities availed by SHGs stood at
Rs.35 crore as on 31.03.2009.
• Kisan Credit Cards for Rs.5.06 crore were issued to 1717 farmers as at the end of
March 2009.
• As a part of Financial Inclusion initiatives, the Bank has opened 83046 ‘No frills’
account with outstanding amount Rs.22.22 crore as on 31.03.09.

3.6 Share Holding Pattern

Category-wise distribution of shareholding as on 30.09.2009

No. ofNo. of Shares% Of Total
S.No.Category
Shareholders held Shares
1 BANKS 3 678813 1.06
FOREIGN INSTITUTIONAL
2 7 14937196 23.30
INVESTORS
3 INSURANCE COMPANIES 1 260986 0.41
4 MUTUAL FUNDS 8 791748 1.23
5 TRUSTS 2 730 0.00
6 CLEARING MEMBERS 420 1059615 1.65
7 DIRECTORS 5 81100 0.13
8 HUF 332 651309 1.02
9 BODIES CORPORATES 816 14962937 23.34
10 NON RESIDENT INDIANS 570 3503029 5.46
11 RESIDENT INDIVIDUALS 35723 27188137 42.40
Total: 37887 64115600 100.00

Share Listing

The Bank’s existing equity shares are listed on:

• The Cochin Stock Exchange Limited

• The Stock Exchange Mumbai. (Code:532180)
• The National Stock Exchange. (Code:DHANBANK)
• The equity shares are available for dematerialization with ISIN No.INE
680A01011

3.7 Communication
The Board takes on record the Un-audited Financials Results in the prescribed pro forma
of the Stock Exchanges within one month of the closure of the quarter and announces
forthwith the results to all the stock exchanges where the shares of the company are
listed. The audited annual result is approved by the Board within 3 months. Further, the
highlights of quarterly results and Audited annual results are published in national and
vernacular newspapers within 48 hours of the Board Meeting in which they are taken on
record.