 "Lakshmi Vilas Bank, LVB")
The Reserve Bank of India and DBS Bank are planning to ask the Supreme Court for a transfer of all the matters related to merger of Lakshmi Vilas Bank (LVB) with DBS Bank India to one location. Currently petitions challenging the merger were filed in four different high courts in the country.
Senior Advocate Mukul Rohatgi for DBS Bank informed the Madras High Court that RBI and DBS Bank have approached the Apex Court to transfer of all matters related to the LVB-DBS merger currently being heard by the High Courts of Madras, Bombay, Karnataka and Delhi to one location. He
