The Supreme Court has sought responses from shareholders of the nearly 100-year-old Lakshmi Vilas Bank (LVB) on a petition by the Reserve Bank of India (RBI) seeking consolidated hearing of petitions. These have been filed before four high courts, challenging the merger of LVB with the Indian subsidiary of Singapore’s DBS Bank.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2LRp3qz
Lakshmi Vilas Bank merger: RBI moves SC to club cases
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