Lakshmi Vilas Bank’s Shareholders To Get Nothing In Proposed Merger With DBS Bank
A stock broker at a brokerage in Mumbai. (Photographer: Prashanth Vishwanathan/Bloomberg News)

Lakshmi Vilas Bank’s Shareholders To Get Nothing In Proposed Merger With DBS Bank

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Public shareholders of Lakshmi Vilas Bank Ltd. are set to take the biggest hit from the private lender’s merger with DBS Bank India Ltd. proposed by the banking regulator. The merger, a rescue effo...
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