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The Friday evening announcement of private sector lender Lakshmi Vilas Bank merging with non-banking finance company Indiabulls Housing Finance came as a surprise to the bank’s employees. The employees’ union is meeting the management on Monday to clarify doubts and will hold a meeting on Tuesday to come out with its stand on the merger, said top officials from the The Lakshmi Vilas Bank Employees' Union (LVBEU).
“The talks for capital infusion have been going on for some time... almost six months now. The announcement has come as a shocking news for us. We have not spoken to the
“The talks for capital infusion have been going on for some time... almost six months now. The announcement has come as a shocking news for us. We have not spoken to the
