Lakshmi Vilas Bank Rights Issue

Lakshmi Vilas Bank board approves plan to raise Rs 500 cr via rights issue

Many existing institutional investors are expected to participate and subscribe to the issue to protect their existing investments, sources said

Lakshmi Vilas Bank gets board's nod to raise Rs 500 crore via rights issue

Cash-strapped Lakshmi Vilas Bank on Thursday said its board has approved plans to raise up to Rs 500 crore through a rights issue

Lakshmi Vilas plans to raise at least Rs 500 crore through rights issue

Proposed right issue is to increase the capital adequacy ratio as lender pursue talks with Clix Capital for a proposed merger

LVB asserts liquidity coverage ratio higher than RBI-mandated level

The bank would like to take this opportunity "to assure our customers that their deposits are safe in our bank"

Lakshmi Vilas Bank falls 6% after fixing rights issue ratio

Lakshmi Vilas Bank fixed rights issue in the ratio of 1:3 i.e. one rights equity share for every three equity shares held by the eligible shareholders on the record date.

Lakshmi Vilas Bank plans to raise Rs 786 crore through rights issue

Lakshmi Vilas Bank's issue will open on December 12 and end on December 26