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 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.
Dhanlaxmi Bank, a private sector bank, reported a 12% year-on-year growth in its advances, with deposit mobilization showing a slightly slower increase of around 11%. As of the end of December, the bank s gross advances reached Rs 10,347 crore. The bank shared the business update after the market hours. Its share price rose 0.75% to Rs 30.95 on BSE.
The robust quarterly update sparked hopes of strong earnings performance for the September quarter, prompting investors to lap up shares of Dhanlaxmi Bank