Tag Archives: Clix Group

Lakshmi Vilas Bank said today that it has received a non-binding indicative offer from Clix Group. The struggling private sector bank is desperately seeking capital and is in talks with Clix Group for a merger. “In addition to the process of consideration and evaluation of the proposed merger with M …

Clix Capital, which was in advanced talks with Lakshmi Vilas Bank (LVB) for a possible merger, may approach the Reserve Bank of India (RBI) for clarity on the future of the deal after the bank’s shareholders voted seven Board members, including its managing director, said two people directly familiar with …