StockWatch
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Private Sector Bank
Management Change7 Aug 2026, 06:50 pm

Dhanlaxmi Bank Appoints T.V Rao as Additional Director

AI Summary

Dhanlaxmi Bank Ltd has appointed Mr. T.V Rao as an Additional Director (Non-Executive Independent Director) to its Board, effective September 01, 2026. The appointment was made during a Board of Directors meeting held on August 07, 2026. Mr. Rao brings over 35 years of experience as a career Central Banker with the Reserve Bank of India (RBI), specializing in bank regulation, supervision, compliance, and financial inclusion. He will hold the position for a period of 3 years, subject to shareholder approval. The bank confirmed Mr. Rao is not debarred from holding such an office.

Key Highlights

  • T.V Rao appointed as Non-Executive Independent Director.
  • Appointment effective September 01, 2026.
  • Director holds office for 3 years, subject to shareholder approval.
  • Mr. Rao has 35+ years of experience in RBI.
  • No conflicts of interest or relationships disclosed.