Financial Daily from THE HINDU group of publications Friday, Dec 24, 2004 |
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Money & Banking
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Private Banks Dhanalakshmi Bank eyes Dubai Our Bureau
KOCHI: The Dhanalakshmi Bank Ltd is exploring the possibility of setting up a representative office in Dubai to enhance its value-added services to non-resident Indians (NRIs), Mr T.R. Madhavan, Managing Director and CEO of the bank, has said. He said steps are also being taken to expand its DDA/Correspondent arrangements to 10 exchange houses, according to a statement from the bank. The bank has set up a separate NRI division at its corporate office at Thrissur to co-ordinate these efforts, the statement added.
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