The Chief Executive of Dhanlaxmi Bank, P. B. Jayakumar is likely to stay in the office as Executive Director. His tenure has been extended by two years. The bank's board has offered the extension, however the decision is still to be approved form the Reserve Bank of India. "I have been given an extension for a period of two years as executive director. The board has nominated me as managing director and chief executive. They have forwarded a request to RBI, seeking approval for the appointment," said Jayakumar. |