Banking and Finance Economy of Thrissur
headquarters of dhanalakshmi bank in thrissur city seen swaraj road
the main strength of thrissur s economy financial capabilities. banking system in thrissur have been accredited effective disbursement of credit various sectors of kerala society. had played big role in kerala s economy earlier part of 1800 s. started christian traders in form of chit fund. gradually, chit fund contributed development of banking industry in thrissur. according reserve bank of india, thrissur in 1930s boasted of head offices of 58 banks , recognised rbi banking town of india.
now, thrissur boast headquarters of 3 scheduled banks in kerala, south indian bank ltd, catholic syrian bank, , dhanalakshmi bank. city headquarters of manappuram general finance , leasing ltd, kerala state financial enterprise , esaf microfinance , investments, leading non-banking finance companies in india. according reserve bank of india, thrissur in 1930s boasted of head offices of 58 banks , recognised rbi banking town. according kerala kuri foreman s association, kerala have around 5,000 chit companies, thrissur accounting maximum of 3,000. these chit companies provide employment 35,000 persons directly , equal number indirectly.
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