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Total 1062 results found. Search for [ independent directors ]

Results 1 to 21 of 1062
BusinessToday.In
November 18, 2020
Chennai-headquartered Lakshmi Vilas Bank got its new acquirer in DBS Bank after two failed mergers. Even though DBS Bank is well capitalised, the foreign bank will bring in additional capital of Rs 2,500 crore upfront to support credit growth of the new entity


Anand Adhikari
November 17, 2020
The troubled lender with 566 branches saw its capital adequacy ratio fall to 0.17 per cent in June 2020; it had Rs 13,827 crore in outstanding loans and deposits worth Rs 21,443 crore at the end of FY20


Chitranjan Kumar
November 8, 2020
Lakshmi Vilas Bank Q2 results: The lender's gross non-performing assets (NPAs) ratio as a percentage of gross advances continued to remain at an elevated level of 24.45 per cent in Q2 FY21, higher than 21.25 per cent in Q2 FY20


BusinessToday.In
October 15, 2020
Lakshmi Vilas Bank's board has approved raising of up to Rs 500 crore through issuance of shares on rights basis to existing shareholders


PTI
October 15, 2020
Piramal Enterprises has appointed Snapdeal CEO Kunal Bahl and Economic Law Practice Managing Partner Suhail Nathani as independent directors to its board


Anand Adhikari
October 14, 2020
While the proposal of the Clix Group for a merger with Lakshmi Vilas Bank is pending with the Reserve Bank of India, the board of the bank is meeting tomorrow to take a call on the rights issue


Anand Adhikari
October 12, 2020
State Bank of India, Bank of Baroda, Bank of India and Indian Bank are among half a dozen banks that have provided funds to the company


Vivan Mehra
October 9, 2020
The bank in June 2020 had inked a non-binding agreement with the Clix Group for amalgamation. Later, the parties extended the validity of the agreement to September 15 citing the Covid-19 lockdown.


Anand Adhikari
October 5, 2020
While the 94-year Laksmi Vilas Bank is a much smaller bank with a balance sheet of Rs 25,000 crore, one-tenth of YES Bank and one-twelfth of IDBI Bank, it needs immediate infusion of capital


PTI
October 3, 2020
Former Lakshmi Vilas Bank Vice President Pradeep Kumar has been accused of abusing his position to conspire and misappropriate funds worth Rs 791 crore


BusinessToday.In
October 1, 2020
The committee of directors includes G. Subramonia Iyer as chairman and G. Rajagopalan Nair and P.K Vijayakumar as members, Dhanlaxmi Bank said in a regulatory filing


BusinessToday.In
September 30, 2020
The shareholders of Kerala-based Dhanlaxmi Bank have voted out Sunil Gurbaxani as MD & CEO at the annual general meeting (AGM) on Wednesday


BusinessToday.In
September 30, 2020
Catch top stories from the world of business and economy with BusinessToday.In's Biz EOD report


BusinessToday.In
September 29, 2020
LVB, in a regulatory filing, said the committee of independent directors will exercise the discretionary powers of MD & CEO in the ad-interim, which includes Meeta Makhan, Chairperson of the CoD, Shakti Sinha, Member and Satish Kumar Kalra, Member


BusinessToday.In
September 28, 2020
Lakshmi Vilas Bank stock ended 5.21% higher at Rs 20.20 against previous close of Rs 19.20 on BSE


BusinessToday.In
September 27, 2020
The shareholders of Lakshmi Vilas Bank voted against the reappointment of seven directors to its board, including Managing Director and Chief Executive Officer (CEO) S Sundar


Nevin John
September 17, 2020
SP Group, controlled by former Tata group chairman Cyrus Mistry's family, sought explanation from Tata Sons directors on whether the alleged oppressive action that caused prejudice to a minority shareholder (SP Group) was with their concurrence


PTI
September 7, 2020
LVB said it will seek approval for the proposals from its shareholders in the upcoming annual general meeting (AGM) on September 25 which will take place through audio/visual means due to the coronavirus pandemic


PTI
September 5, 2020
A source with direct knowledge of the development said 'BPCL Trust for Investment in Shares' holds around 9.33 per cent stake of the company's paid-up share capital Of this, 2 per cent will be offered to employees at one-third the price of BPCL scrip


PTI
August 30, 2020
Coal India Ltd would be creating the post of Director (Business Development) which will identify and develop new business opportunities


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