Dhanlaxmi Bank said that Ms T.Latha has submitted her resignation as MD & CEO and Director of the Bank due to personal reasons.
"This is to inform that Ms T.Latha has submitted her resignation as MD & CEO and Director of the Bank, Vide her letter dated October 30, 2019 due to personal reasons," the Bank said in a filing to the Bombay Stock Exchange.
The same has been accepted by the Board w.e.f close of business hours on October 31, 2019, at its meeting held on October 31, 2019. The same has been intimated to RBI.
Meanwhile, shares of the Bank closed trading at Rs 15.72 apiece, down by 3.44 per cent from the previous close on BSE.