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Business Standard

DBS faces lawsuits in India after takeover of Lakshmi Vilas Bank

DBS's Lakshmi Vilas acquisition was the first time the Reserve Bank of India turned to a foreign lender to bail out a local bank

Topics
Lakshmi Vilas Bank | DBS | DBS Bank

Chanyaporn Chanjaroen | Bloomberg 

Lakshmi Vilas Bank, LVB

DBS Group Holdings Ltd., Southeast Asia’s largest lender, said it’s facing lawsuits in India related to its recent takeover of a struggling local bank.

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Read our full coverage on Lakshmi Vilas Bank

First Published: Sat, February 20 2021. 11:07 IST

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