A laborer fixes a billboard, displaying an Indiabulls home loan advertisement, in Mumbai, India (Photographer: Dhiraj Singh/Bloomberg)  

Lakshmi Vilas Bank Approves Merger With Indiabulls Housing Finance

The board of The Lakshmi Vilas Bank Ltd. has approved a scheme of amalgamation with Indiabulls Housing Finance Ltd., the two entities said in separate notifications to stock exchanges on Friday.For...