 "lakshmi vilas bank")
Shares of Lakshmi Vilas Bank (LVB) hit an all-time low and were locked in the lower circuit limit of 5 per cent at Rs 25.65 apiece on the BSE on Thursday after the Reserve Bank of India (RBI) on Wednesday rejected the proposed amalgamation of lndiabulls Housing Finance (IBHFL) with the bank.
The RBI said the application for the voluntary amalgamation of IBHFL and its subsidiary lndiabulls Commercial Credit with LVB could not be approved. CLICK TO READ FULL REPORT
The stock of the private sector lender has been hitting the lower circuit limit of 5
The RBI said the application for the voluntary amalgamation of IBHFL and its subsidiary lndiabulls Commercial Credit with LVB could not be approved. CLICK TO READ FULL REPORT
The stock of the private sector lender has been hitting the lower circuit limit of 5
