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Top headlines: LVB gets non-binding offer from Clix, Future Group vs Amazon

From Lakhsmi Vilas Bank getting non-binding offer from Clix to India's richest getting richer amid lockdown, Business Standard brings you the top headlines of the day

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As of June 2020, LVB's total capital adequacy ratio (CAR) was 0.17 per cent, with negative tier-I and CET-1 ratios.

BS Web Team New Delhi

3 min read Last Updated : Oct 08 2020 | 5:21 PM IST

Lakshmi Vilas Bank gets indicative non-binding offer from Clix Group

Lakshmi Vilas Bank (LVB)-Clix Capital merger talks moved one step closer as the lender received an indicative non-binding offer from Clix Group. LVB said further to the process of considering and evaluating the proposed amalgamation with Clix Capital Services Pvt Ltd, Clix Finance India Pvt Ltd and Clix Housing Finance Pvt Ltd (collectively, the Clix Group), the bank has received an indicative non-binding offer from Clix Group. Read More...

Half of India's richest 100 on Forbes list got richer, Ambani gained most

The Covid-19 pandemic which resulted in

Topics : Lakshmi Vilas Bank Clix Capital Future Group Future Retail Amazon Kishore Biyani Reliance Retail Mukesh Ambani richest indians Murugappa Group Hardeep Puri

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