I felt time was right for me to go: LVB MD & CEO Parthasarathi Mukherjee

Claims he resigned for personal reasons, adds that a new person at the helm may succeed where he failed

Although a huge amount of work was put in for the revival of the bank, the efforts failed and a new hand might help to run it better, said Parthasarathi Mukherjee, who has resigned as managing director and CEO of Lakshmi Vilas Bank (LVB) this week.

"I have resigned only because of personal reasons. I have been wanting to go. I was finding that I was not really making much progress in my time. That tells me that may be a new hand will help," he said.

Looking back, he said that the lender was hit by slippages in the