Date: 27 November 2020
#banking #history #lvb #dbs #regulator #rbi
https://www.financialexpress.com/industry/banking-finance/lakshmi-vilas-bank-becomes-dbs-india-94-year-old-bank-part-of-history-now/2138275/
#banking #history #lvb #dbs #regulator #rbi
https://www.financialexpress.com/industry/banking-finance/lakshmi-vilas-bank-becomes-dbs-india-94-year-old-bank-part-of-history-now/2138275/
The Financial Express
Lakshmi Vilas Bank becomes DBS India; 94-year old bank part of history now
The RBI had superseded LVB's board on November 17 after the private sector lender was placed under a 30-day moratorium restricting cash withdrawals at Rs 25,000 per depositor.