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SUNIL GURBAXANI
Dhanlaxmi Bank independent director Sridhar Kalyanasundaram's resignation raises concerns over lender’s functioningIn his resignation letter, Kalyanasundaram cited alleged factionalism by board members, unethical business conduct and irregularities by ma...- Missing entry, angry shareholders: What went wrong at Dhanlaxmi Bank?Eleven shareholders of Dhanlaxmi Bank, led by B Ravindran Pillai, a Middle East-based billionaire and the head of RP Group, have flagged co...
- Shareholders raise concerns over Dhanlaxmi Bank's financial health, rising expensesAccording to rules, a group of shareholders that holds not less than one-tenth of the paid-up share capital on the date of the receipt of t...
- Dhanlaxmi plans to raise fresh equity in April-June qtrAnother focus area would be the recovery of bad loans. Shivan plans to play to his strengths in his former role as chief general manager in...
- Dhanlaxmi Bank proposes to appoint Shivan JK as new MD, CEO; seeks shareholders' nodShivan retired as Chief General Manager of State Bank of India and handled various roles, including forex operations.
- RBI approves appointment of CoD to run Dhanlaxmi Bank till appointment of CEOThe committee of directors (CoD) will be constituted with Iyer as chairman and G Rajagopalan Nair and P K Vijayakumar as its members, RBI s...
- Dhanlaxmi Bank gets shareholders' nod to hike authorised share capital to Rs 400 croreIn the AGM, shareholders ousted the bank's Managing Director and CEO Sunil Gurbaxani, a little over seven months after he assumed the charg...
- Stocks in the news: Chemcon, CAMS, RIL, PVR, LVB, Dhanlaxmi Bank, SBI and ONGCChemcon Speciality Chemicals and Computer Age Management Services (CAMS) are set to make a debut on Dalal Street on October 1.
- Dhanlaxmi Bank shareholders reject appointment of Sunil Gurbaxani as CEOThe bank’s gross non-performing assets ratio jumped to 6.89% at the end of June from 5.90% three months back. Gross NPA was 7.61% a year ba...
- Dhanlaxmi Bank shareholders oust newly appointed CEOThe lender in a regulatory filing said over 90 per cent of the shareholders voted against the appointment of Sunil Gurbaxani as Managing Di...
- Stocks in the news: IndusInd Bank, RITES, NBCC, Voda Idea, HUL and Titan CompanyUnilever said India business growth will be “soft” because of the rural slump.
- RBI clears Sunil Gurbaxani appointment Dhanlaxmi Bank MDDhanlaxmi Bank was removed from the RBI PCA framework, subject to certain conditions and continuous monitoring, as the bank is found to be ...
- Axis Bank holds Cyclothon to create awareness on cyber crimeThe second edition of the 'cyclothon' was organised today in Bhubaneswar with an objective to build awareness among people on preventing an...
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