Moneycontrol had reported earlier on NRI businessman Ravi Pillai’s plan to rejoin Dhanlaxmi Bank’s Board. Pillai had been on the board till May 2020 but had to exit on turning 70, the RBI-set age limit for directors.
Prabhudas Lilladher has come out with its report on bank sector. According to the research firm, apart from corporate governance standards, financial inclusion will remain a key differentiator where retail NBFCs score well.
SP Tulsian, sptulsian.com feels that Karnataka Bank can touch Rs 125 in six months.
Prefer ICICI Bank and DCB, says SP Tulsian, sptulsian.com.