 "Anjaneyulu steps down as Lakshmi Vilas Bank MD & CEO")
K S R Anjaneyulu has stepped down as the Managing Director and Chief Executive Officer of Lakshmi Vilas Bank Limited.
Rakesh Sharma will take over from Anjaneyulu, the bank said in a statement today.
LVB reported net profit of Rs 7.43 crore during the third quarter. Total income of the Bank for third quarter was Rs 557.25 crore, an increase of 11.78% compared to the same quarter last year.