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Dhanlaxmi Bank independent director Sridhar Kalyanasundaram's resignation raises concerns over lender's functioning

In his resignation letter, Kalyanasundaram cited alleged factionalism by board members, unethical business conduct and irregularities by managing director Shivan JK in holding board and committee meetings. But before this, minority shareholders as well as employees organisations had on several occasions in the recent past questioned the banks functioning. ....

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Levelling serious charges against Board including unethical conduct, Dhanlaxmi Bank Director resigns

Charging the Board of Dhanlaxmi Bank Ltd of unethical conduct, unilateral arrogation of power, lack of comprehension of issues, and factionalism, Independent Director Sridhar Kalyanasundram has resigned.His resignation comes ahead of the . ....

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Dhanlaxmi Bank's independent director resigns citing various issues including factionalism in board

Dhanlaxmi Bank's independent director resigns citing various issues including factionalism in board
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Dhanlaxmi Bank independent director Kalyanasundaram quits citing multiple issues

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. ....

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Dhanlaxmi Bank's independent director quits citing attitude of MD & CEO

Sridhar Kalyanasundaram, Independent Director of Dhanlaxmi Bank, has resigned, citing disregard for his input by other board members in support of the CEO s attitude. ....

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