Lakshmi Vilas Bank Moratorium + Merger with DBIL – Are FD Holders or Shareholders are Safe now?

Lakshmi Vilas Bank Moratorium + Merger with DBIL – Are Fixed Deposit Holders and Shareholders safe? It was a story of rise and fall. Lakshmi Vilas Bank has been in trouble in the last few quarters as it was incurring losses. A couple of days back, RBI has imposed moratorium where deposit holders withdrawal limit was capped to Rs 25,000 […]

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