Deadline for proposed Lakshmi Vilas Bank-Clix Capital merger due diligence extended till Sept 15

"There may be slight delay in the mutual due diligence and preparation of documents for regulatory requirements due to Covid situation and travel restrictions. Hence, both the parties mutually agreed to extend the exclusivity period till 15th September 2020," the bank said on Thursday evening.

from Banking/Finance-Industry-Economic Times https://ift.tt/39I8NjO