Immediately after deferring the private bank Lakshmi Vilas Bank (LVB) and replacing its Board of Directors, the Reserve Bank of India (RBI) announced a draft scheme for its merger with DBS Bank India Ltd (DBIL). RBI placed LVB under a 30-day moratorium that would end on December 16, according to …
Read More »RBI Announces Draft Scheme To Merge Lakshmi Vilas Bank With DBS Bank – Here’s All You Need To Know
