Lakshmi Vilas Bank's Non-Independent Director Resigns

INSUBCONTINENT EXCLUSIVE:
non-executive and non-independent director Anuradha Pradeep, has resigned from her position, after independent director Supriya Prakash Sen
quit the board citing personal reasons.A statement issued by Lakshmi Vilas Bank on Friday said: "Anuradha Pradeep (Non-Executive and
Non-Independent Director) has resigned from the directorship of the bank on November 01, 2019."The Reserve Bank of India had last month
declined to approve the cash-strapped LVB's merger with India Bulls Housing Finance.Earlier in September, the RBI had initiated prompt
corrective action (PCA) against the private sector lender.Get Breaking news, live coverage, and Latest News from India and around the world
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