Lakshmi Vilas Bank under pressure as RBI initiates PCA, IBHFL tanks 14%

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Both LVB and Indiabulls Housing Finance are proposed to merge. Last month, IBHFL said it expects the regulator to take a decision on its merger plan with Lakshmi Vilas Bank in the next two months.

Both LVB and Indiabulls Housing Finance are proposed to merge. Last month, IBHFL said it expects the regulator to take a decision on its merger plan with Lakshmi Vilas Bank in the next two months. https://ift.tt/2mW4H3r September 29, 2019 at 07:02PM

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