RBI Rejects Indiabulls-Lakshmi Vilas Bank Merger Plan
The Reserve Bank of India (RBI) seal on a gate outside the RBI headquarters in Mumbai. 

RBI Rejects Indiabulls-Lakshmi Vilas Bank Merger Plan

The proposed merger of private sector lender The Lakshmi Vilas Bank Ltd. with home financier Indiabulls Housing Finance Ltd. failed to receive approval from the Reserve Bank of India, the bank said...
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