 "A few also sound off that the outcome of the 2019 general election will be critical to set the tone for mergers")
Indiabulls Housing Finance Limited has said it expects the regulator to take a decision on its merger plan with Lakshmi Vilas Bank in the next two months. The company has proposed Sameer Gehlaut as the non-executive chairman and Gagan Banga as the MD and CEO of the amalgamated bank.
The Competition Commission of India (CCI) had given its green light to the proposed merger of Indiabulls Housing Finance (IBHFL) and Indiabulls Commercial Credit (ICCL) with Lakshmi Vilas Bank (LVB) in June 2019.
"Application for approval of merger has been made to RBI, NSE and BSE. We look forward to a
