Tag Archives: lakshmi vilas bench

Technical analysts say immediate support is at 12,800 levels for Nifty. With domestic markets at their highest ever levels, investors turned to accounting gains, resulting in a strong sell-off in the domestic equity markets yesterday. Technical analysts say immediate support is at 12,800 levels for Nifty. If the index manages …

The Reserve Bank of India (RBI) took control of Lakshmi Vilas Bank (LVB) on Tuesday due to a “serious deterioration” in its finances. Withdrawals from the bank, which has been seeking a partner since last year to meet minimum capital buffers, had also been temporarily limited to 25,000 rupees, the …