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LAKSHMI VILAS BANK LTD. - Supersession Of The Board Of Directors & Appointment Of Administrator By Reserve Bank Of India And The Lakshmi Vilas Bank Ltd. Placed Under Moratorium. (Intimation Under Regulation 30 Of SEBI LODR)
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17 Nov 2020
With reference to the above, please find attached herewith the following:&lt;BR&gt; &lt;BR&gt; Notification issued by Department of Financial Services, Ministry of Finance&lt;BR&gt; &lt;BR&gt; Press release issued by Reserve Bank of India&lt;BR&gt; &lt;BR&gt; In line with the above Shri TN Manoharan, former Non Executive Chairman of Canara Bank, has been appointed as the Administrator by the Reserve Bank of India under Section 36ACA(2) of the Banking Regulation Act, 1949 with effect from today.&lt;BR&gt;
View all announcements for LAKSHMI VILAS BANK LTD. Source: BSE India