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The crisis at Lakshmi Vilas Bank and how does it impact you? Explained

In this podcast, Business Standard's T E Narasimhan explains how does the crisis at Lakshmi Vilas Bank impact customers, will LVB's shareholders get anything, are jobs in LVB at stake and more

DBS, Capri Global among suitors for cash-strapped Lakshmi Vilas Bank

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1 min read Last Updated : Nov 19 2020 | 9:50 AM IST

The government has imposed a 30-day moratorium on Lakshmi Vilas Bank, restricting cash withdrawals at Rs 25,000 per depositor, and simultaneously announced a scheme to merge the cash-strapped lender with DBS India.

In this podcast, Business Standard's T E Narasimhan explains how does the crisis at Lakshmi Vilas Bank impact customers, will LVB's shareholders get anything, are jobs in LVB at stake, how different is the case when compared to Yes Bank and more


 

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Topics :Reserve Bank of IndiaLakshmi Vilas Bank crisisLakshmi Vilas BankDBSIndian banking sectorDBS BankDBS IndiaYES BankRBI PolicyRBI

First Published: Nov 18 2020 | 1:12 PM IST