Lakshmi Vilas Bank shareholders vote against reappointment of top leaders

Currently, the bank has four independent directors and two RBI nominees on the board. In a major development, the shareholders of Lakshmi Vilas Bank Ltd. rejected resolutions pertaining to apppointment of seven directors including its chief executive officer at the recently 93th Annual General Meeting, expressing unhappiness over the functioning …

Read moreLakshmi Vilas Bank shareholders vote against reappointment of top leaders