Shares of Lakshmi Vilas Bank slipped by means of five% touching to Rs. 38.Seventy five, after Shri Parthasarathi Mukherjee, Managing Director & Chief Executive Officer of the Bank has submitted his resignation letter on August 28, 2019, due to non-public motives.
The resignation letter was positioned before the board in its assembly held on August 28, 2019 and the equal has been prevalent through the board Shri Parthasarathi Mukherjee may be relieved from his services on the final hours on August 31, 2019 as in line with his request.
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