October 23, 2026 02:30 am (IST)
Follow us:
Religare partners with Dhanlaxmi Bank
Mumbai/New Delhi, Mar 25 (IBNS): Religare Securities Ltd. (RSL), a retail broking arm of India's leading diversified financial services group, Religare Enterprises Limited (REL) and Dhanlaxmi Bank, have entered into a strategic tie-up to launch the 'Dhanam 3 in 1 account' for the bank’s customers.
With customer centricity at the core of this alliance, Religare and Dhanlaxmi Bank will look to create new business opportunities by leveraging core competencies of both the organizations.
As part of this umbrella solution, customers will get a bundled offering of the bank’s savings and demat account along with an online trading account.
Commenting on the tie-up, Jayant Manglik, President-Retail Distribution, Religare Securities Ltd. said, “We are pleased to announce this partnership with a high quality bank like Dhanlaxmi which has a great presence particularly in the southern part of the country and is known for its innovative and customer centric approach. The new product offering will enable us to jointly offer a one of its kind umbrella solution to address customer needs across savings/demat/online trading through a single interface. Online trading will be powered by a market leading online trading platform, Religareonline.com equipped with cutting edge features to provide users a hassle free, seamless and convenient trading experience.”
Manikandan.P,Chief General Manager, Dhanlaxmi Bank, said, “We see this new tie up as a good opportunity to offer our customers diversified investment options along with our traditional banking products. This new relationship will provide our customers, easy access to the equity markets and with the guidance of the experienced Religare personnel, customers will find this experience quite enjoyable.”
Commenting on the tie-up, Jayant Manglik, President-Retail Distribution, Religare Securities Ltd. said, “We are pleased to announce this partnership with a high quality bank like Dhanlaxmi which has a great presence particularly in the southern part of the country and is known for its innovative and customer centric approach. The new product offering will enable us to jointly offer a one of its kind umbrella solution to address customer needs across savings/demat/online trading through a single interface. Online trading will be powered by a market leading online trading platform, Religareonline.com equipped with cutting edge features to provide users a hassle free, seamless and convenient trading experience.”
Manikandan.P,Chief General Manager, Dhanlaxmi Bank, said, “We see this new tie up as a good opportunity to offer our customers diversified investment options along with our traditional banking products. This new relationship will provide our customers, easy access to the equity markets and with the guidance of the experienced Religare personnel, customers will find this experience quite enjoyable.”
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
Onion prices set to get relief? Centre sends 440 tonnes to Tripura ahead of festive season
Fri, Oct 16 2026
12 nations turn to Bengal: ICC hosts diplomats in Kolkata to explore trade and investment opportunities
Thu, Oct 15 2026
Hyundai announces $15.5 billion India investment plan through 2032: Here's what's coming
Wed, Oct 14 2026
Modi, Anita Anand discuss trade, defence and energy as India-Canada ties gain momentum
Wed, Oct 14 2026
Government approves Fairfax Financial as strategic buyer for 60.72% stake in IDBI Bank
Wed, Oct 14 2026