DBS Bank India Rescues Lakshmi Vilas Bank
The Reserve Bank of India (RBI) today placed Lakshmi Vilas Bank (LVB) under a moratorium for one month citing serious deterioration in the bank’s financial position. RBI also announced...
Tag : Lakshmi Vilas Bank (LVB)
Lakshmi Vilas Bank Board Approved to Raise up to Rs 500 Cr via Rights Issue
Today, the board of Lakshmi Vilas Bank (LVB) has approved the proposal of raising funds up to Rs 500 crore through issuance of shares on the rights...