Shareholders of the beleaguered Lakshmi Vilas Bank have voted against the reappointment of seven directors of the bank, including MD & CEO S Sundar, effective September 25, 2020, plunging the bank into a crisis amid a merger process with PE fund-backed Clix Capital .
from Chennai News: Latest Chennai News Headlines & Coronavirus News Updates from Chennai - Times of India https://ift.tt/3kTI4oq
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Saturday, September 26, 2020
LVB shareholders reject reappointment of CEO
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