Lakshmi Vilas Bank has informed that Reserve Bank of India (RBI), Mumbai vide their letter dated May 14, 2015 has appointed K. Babuji, General Manager, Member of Faculty, Reserve Bank Staff College, Chennai as Additional Director of the Bank in the place of R. Ravikumar, General Manager, Department of Banking Supervision, Central Office Mumbai as per Section 36AB and 36AC of the Banking Regulation Act, 1949.
The above information is a part of company’s filings submitted to BSE.