Moneycontrol PRO
HomeNewsBusinessCompaniesWhat may have led to Dhanlaxmi Bank CEO's resignation?

What may have led to Dhanlaxmi Bank CEO's resignation?

Thrissur-based Dhanlaxmi Bank's chief executive officer Amitabh Chaturvedi who had joined the old generation lender in 2008 with a mandate to improve skill sets on Monday put in papers. The bank today is counted among the new generation lenders.

February 07, 2012 / 10:36 IST
     
     
    26 Aug, 2025 12:21
    Volume
    Todays L/H
    More

    Saikat Das
    Moneycontrol.com


    Thrissur-based Dhanlaxmi Bank's chief executive officer Amitabh Chaturvedi who had joined the old generation lender in 2008 with a mandate to improve skill sets on Monday put in papers. The bank today is counted among the new generation lenders.


    Last October, 2011, Chaturvedi had got an extension for another three years till 2014. In the same month, the lender was battling charges of financial irregularities, leveled by the All India Banks' Officers' Confederation (AIBO). The general secretary of the union G N Nadaf launched a tirade against the new management demanding merger of the bank with some public sector bank.

    first published: Feb 6, 2012 09:17 pm

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347