Lakshmi Vilas Bank-DBS merger: Bombay HC refuses to stay amalgamation
Lakshmi Vilas Bank-DBS merger: The Bombay High Court on Thursday refused to stay Lakshmi Vilas Bank's (LVB) merger with DBS Bank India which will be effective from November 27.
Lakshmi Vilas Bank-DBS merger: On Wednesday, the Union Cabinet gave approval to the Scheme of Amalgamation of Lakshmi Vilas Bank with DBS Bank.