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· Undertakes ‘giving back to the society’ init iatives across the country
· Announces scholarships for 10 merit orious students every year
Mumbai, November 14, 2011: Dhanlaxmi Bank, one of India it s 84 years of glorious success, service, trust and commit ment. The bank entered into it s 85th year of operations commemorating the vision of the founders by undertaking special init iatives themed ‘giving back to the society’ across the country.
Celebrating the eight decades of strong existence, the bank conducted social drives focusing on health, environment, serving the less fortunate and spreading general well-being among the masses during the Founders’ Week from November 8th to 14th, 2011.
Employees spanning all branches arranged diabetes awareness, blood donation and medical camps where free cholesterol and thyroid tests were conducted. Supporting wholeheartedly the concept of saving the environment, employees distributed seeds and planted sufficient number of saplings. Realizing the importance of health, yoga camps and cleanliness awareness drives were arranged at prominent locations across the country. Furthermore, employees devoted their time and energy visit ing old age homes and orphanages where clothes were donated, books were read and children were taught.
Speaking on the occasion, Mr. Amit abh Chaturvedi, Managing Director & Chief Executive Officer, Dhanlaxmi Bank, said: “Wit h the mission to carry forward the legacy and vision as laid down by the founders, we aim to give back to the society that has nurtured us by doing small deeds of kindness. Taking forward the concept, Dhanlaxmi Bank will award two-year scholarships to 10 deserving students every year.”
The bank will be sponsoring the students who have successfully graduated from Thrissur Management Association (TMA) in Kerala by honoring each of them wit h a cash prize of Rs. 50,000/- per annum.
About Dhanlaxmi Bank:
Dhanlaxmi Bank is an 84-year old bank, being incorporated in 1927 at Thrissur, Kerala. In the last three years, it has transformed into a well diversified bank wit h a pan-India presence from being an SME focused South India it h a network of 275 branches and 460 ATMs covering 160 centers across 14 states, the bank services a broad customer base of 1.6 million. The bank provides a suit e of banking products and services to it s customers across Retail Banking, Wholesale Banking, Microfinance and Agricultural Lending and Small and Medium Enterprises Group.
During the last three years, Dhanlaxmi Bank’s total deposThe shares of the bank are listed on the Bombay Stock Exchange Limit ed, the National Stock Exchange of India Limit ed and the Cochin Stock Exchange.
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