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Dhanlaxmi Bank recorded Net Profit of Rs.20.10 Crore for the first half of FY 2020-21

04 November 2020,  
Dhanlaxmi Bank recorded Net Profit of Rs.20.10 Crore for the first half of FY 2020 & Bank recorded operating profit of Rs.76.98 Crore for the half year ended September30, 2020
 

Committee of Directors – Press Release

05 October 2020,  
The newly formed Committee of Directors (CoD) with Shri. G. Subramonia Iyer as Chairman and Shri. G. Rajagopalan Nair and Shri. P.K Vijayakumar as Members, constituted to exercise the powers vested with the Managing Director & CEO, has come into effect from October 01, 2020.
 

RBI Approves Committee Of Directors

01 October 2020,  
On October 01, 2020, the Reserve Bank of India has approved the constitution of a Committee of Directors (CoD) to exercise the powers vested with the Managing Director & CEO till such time a new Managing Director & CEO takes charge. The CoD will be constituted with Shri. G. Subramonia Iyer as Chairman and Shri. G. Rajagopalan Nair and Shri. P.K Vijayakumar as Members.
 

AGM Update

30 September 2020,  
In the 93rd Annual General Meeting of the Bank held today, the Shareholders did not approve the resolution for appointment of Managing Director & CEO. The Board of Directors met today and recommended to Reserve Bank of India for constitution of a Committee of Directors to exercise the powers vested with the Managing Director & CEO till such time a new Managing Director & CEO takes charge to ensure continuance of all the banking transactions as in the normal course and to ensure that the concerns of all stakeholders are properly addressed.
 
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