Dhanlaxmi Bank appoints Ajith Kumar KK as MD & CEO for 3-year tenure
.webp)
Private sector Dhanlaxmi Bank on Tuesday said it has appointed Ajith Kumar KK as Managing Director (MD) of the bank.
He will take charge on June 20, Kerala-based Dhanlaxmi Bank said in a regulatory filing.
The board at its meeting held on Tuesday approved the appointment of Ajith Kumar KK as Managing Director & CEO of the bank for a period of three years with effect from June 20, 2024, and on such remuneration as approved by RBI vide letter dated April 18, it said.
The bank will seek approval of the shareholders for the said appointment within the prescribed time period in accordance with the applicable provisions of the Companies Act, 2013 and SEBI regulations, it said.
He is a seasoned banker with over 36 years of experience with the Federal Bank in various facets of banking including Credit, Human Resources, Business, Branch Banking etc.
He is presently the Chief Human Resources Officer at Federal Bank in the cadre of president, it said.
Other Latest News
.webp)
Tata Group stocks in focus:Tata Group companies like Tata Investment Corporation, Tata Chemicals, Tata Motors, Tata Power, Tata Elxsi, Tata Consumer Products and Tata Communications, among others were in demand on Tuesday, December 24, 2024, as these scrips rallied up to 12 per cent in intraday deals on BSE.
.webp)
Shares of HG Infra Engineering gained up to 5.60 per cent at Rs 1,542.05 a piece on the BSE in Monday’s intraday trade. HG Infra share price moved up after the company announced that its subsidiary HG Banaskantha BESS Pvt Ltd has signed a battery energy storage purchase agreement with NTPC Vidyut Vyapar Nigam Limited for a 185 MW/370 MWh project on a long-term basis.
.webp)
An anti-graft panel in Bangladesh has launched an investigation against former prime minister Sheikh Hasina and her family in connection with the allegations of embezzling $5 billion in the Rooppur nuclear power plant, according to a media report.
Indian companies are participating in constructing the Rooppur nuclear power plant which is being built by Rosatom, Russia's state-run corporation, in Bangladesh.
.webp)
Samajwadi Party president Akhilesh Yadav took a jibe at the BJP-led governments at the Centre and in Uttar Pradesh on Tuesday, calling them a "double blunder" instead of a "double engine" government.
The former Uttar Pradesh chief minister shared a post on his official social media account on 'X' with a news item on the Vande Bharat train incident: "Rasta bhatak gayi Vande Bharat' - jana tha Goa, nikal gayi Kalyan" (Vande Bharat lost its way - ?was supposed to go to Goa but ended up in Kalyan).
.webp)
Losing subscribers for the fourth straight month, Reliance Jio witnessed 3.76 million users leave the telecom operator in October, data from the Telecom Regulatory Authority of India (Trai) showed on Monday. Meanwhile, Bharti Airtel reversed three months of decline, and added 1.92 million users, indicating it has overcome the impact of the broad-based tariff hikes imposed by private sector telcos in July.
.webp)
.webp)
.webp)
.webp)
.webp)
