On January 16, Moneycontrol had exclusively reported that Ajith Kumar is one of the five names sent to RBI by the bank for the CEO post. Interestingly, Ajith Kumar was part of the final list of candidates for the CEO post on two earlier occasions also.
A total of five names have been shortlisted after the interview. These names are now under the scrutiny of the RBI as the term of the existing CEO Shivan JK is set to end on January 29, 2024.
Dhanlaxmi Bank stock has given a return of 100.12 percent over the last six months. The benchmark Nifty Bank index has given a return of 17.45 percent over the same duration.
Dhanlaxmi Bank has 10 Board members including two additional directors appointed by the Reserve Bank of India. The bank has been in the news for top level resignations and operational issues in the recent years.