Struggling Lakshmi Vilas Bank Won’t Fail, Founder Says
The portrait of Mahatma Gandhi is displayed on an Indian 2,000 rupee banknote in an arranged photograph in Thailand. (Photographer: Brent Lewin/Bloomberg)

Struggling Lakshmi Vilas Bank Won’t Fail, Founder Says

(Bloomberg) -- Lakshmi Vilas Bank Ltd., the capital-starved Indian lender whose shareholders ousted its chief executive officer, will meet its obligations and hasn’t seen deposit outflows, accordin...
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