Dhanlaxmi Bank has entered into an agreement with its first fintech partner, New Street Technologies, for Micro Lending, Operations Management and Technology Services under priority sector lending.
New Street Technologies will provide the technical support to the Bank on Digital-on boarding and extend support as the business correspondent in Micro-lending space to start the operations in southern states of India and subsequently expand to more states.
Dhanlaxmi Bank was incorporated in 1927 by group of entrepreneurs at Thrissur located in Kerala. Bank's focus has always been on customizing services and personalizing relations.
