Lakshmi Vilas Bank now a part of DBS Bank India Ltd

Lakshmi Vilas Bank merger with DBS Bank

Lakshmi Vilas Bank now part of DBS Bank India Ltd Key details about the Lakshmi Vilas Bank merger with DBS Bank. On 17th November 2020, Lakshmi Vilas Bank was placed under moratorium by the Central Government since it was in a rapidly deteriorating financial position. RBI quickly found a suitor for the 93-year-old small private … Read more