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Lakshmi Vilas Bank, Clix Capital reaffirm commitment to ongoing merger

Major portion of due diligence completed; application to RBI is likely in one - two weeks

Topics
Clix Capital | Lakshmi Vilas Bank | Bank merger

Hamsini Karthik & Surajeet Das Gupta  |  Mumbai/New Delhi 



Deals, mergers,
Clix is seeking a 51 per cent stake in LVB, willing to go upto 74 per cent if permitted

(LVB) and executives have reaffirmed their commitment to the ongoing merger talks, following speculation that the deal was being called off.

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First Published: Wed, September 30 2020. 19:33 IST

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