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CEO: Dhanalakshmi Bank head office to stay in Thrissur
Kochi: Through an official press release the MD and CEO of the Thrissur-based Dhanalakshmi Bank has said that the Bank has no plans to shift its registered office from Thrissur. He has also said "all earlier agreements with the staff union have been taken into consideration with regard to transfer of its employees".

Meanwhile, officers of the Bank in the state had struck work on April 10 to protest against the alleged en masse transfer of its officers and All India Bank Officers' Confederation (AIBOC) officials said that they were planning an all-Kerala strike if the management did not meet the demands of the Dhanalakshmi Bank Officers' Organisation.
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AIBCA demands reduction in bank interest rates
Kochi: In a representation sent to the Union Finance Minister, the Kerala-based All India Bank Customers' Association (AIBCA) has demanded reduction in interest rates of the banks on advances, saying that the banks have reduced the interest rates on deposits significantly while a corresponding cut in the interest rates fixed for loans has not been effected. The Association has sought immediate intervention of the Union Finance Minister
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domain-B : Indian business : News Review : 12 April 2004 : banking and finance