Friday, February 7, 2020

DBS Bank, Indostar in talks to invest in Lakshmi Vilas Bank

Three people familiar with the talks involving the beleaguered lender said that the interested parties have met the Reserve Bank of India (RBI), which must bless the deal to ensure financial viability of the cash-strapped bank. LVB is the only private-sector lender facing operational curbs from the banking regulator.

from Banking/Finance-Industry-Economic Times https://ift.tt/31w9fxc

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