Old generation private-sector lender Dhanlaxmi Bank Ltd has appointed a new auditor after the controversial exit of its previous auditor even as the market is abuzz with speculation about a likely merger of the Thrissur-based bank with a large new private bank. Hyderabad-based Sagar and Associates is the new auditor. The Reserve Bank of India (RBI) approved the appointment of the new auditor after rejecting the names of three audit firms submitted by the lender........
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