Lakshmi Vilas Bank to allot nearly 5 pc shares to Indiabulls Housing Finance
Lakshmi Vilas Bank (LVB) Monday said it plans to allot nearly 5 per cent equity shares on a preferential basis to Indiabulls Housing Finance Ltd.
Earlier this month, Lakshmi Vilas Bank had announced its merger with Indiabulls Housing Finance Ltd (IBHL) in a share-swap deal. Image source: Reuters