Bank Rescues: How Often Have Shareholders Seen An Equity Write-Off?
A cyclist rides along an empty street past the Reserve Bank of India (RBI) headquarters during a lockdown imposed due to the coronavirus in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Bank Rescues: How Often Have Shareholders Seen An Equity Write-Off?

The Reserve Bank of India’s draft plan for the amalgamation of The Lakshmi Vilas Bank Ltd. with DBS Bank India Ltd. includes a complete write-off of equity.According to the scheme of amalgamation, ...
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