After a prolonged leadership crisis, old-generation private lender Dhanlaxmi Bank Ltd. is attempting a fresh start under new chief executive officer Shivan JK, who took over on Jan. 28. His appointment, unlike that of his predecessor, was backed by 99.8% of the bank’s shareholders and later confirmed by the Reserve Bank of India.
Dhanlaxmi Bank
India Rupee Slip on Suspected Central Bank Intervention
Gold Silver Reports – Rupee pared declines from near a record low as traders said state-run lenders sold the greenback on behalf of the Reserve Bank of India.