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Dhanlaxmi Bank gets RBI approval for Ajith Kumar KK as MD and CEO

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.

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Exclusive: Ajith Kumar K K, Madhav Nair among names shortlisted for Dhanlaxmi Bank CEO post

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.

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Dhanlaxmi Bank surviving on a long rope - The Hindu BusinessLine

Dhanlaxmi Bank surviving on a long rope - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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dhanlaxmi: Dhanlaxmi Bank: As governance lapses come into light, what lies ahead for minority shareholders?

Dhanlaxmi Bank faces fresh problems as one of its independent directors has resigned, making serious allegations against the bank s management, and exposing various corporate governance issues. The major bone of contention is the proposed rights issue, which many think has been deliberately kept low to allow majority shareholders an easy exit.

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Dhanlaxmi Bank Director Sridhar Kalyanasundaram Resigns, Levelling Serious Charges against Board, Including Unethical Conduct

Charging Dhanlaxmi Bank Ltd s board of directors with unethical conduct, unilateral arrogation of power, lack of comprehension of issues and factionalism, independent director Sridhar Kalyanasundaram resigned just before the Bank s annual general meeting (AGM) on 30th September.

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