RBI rejects proposal to merge Laskhmi Vilas Bank, Indiabulls Housing Finance
The board of Lakshmi Vilas Bank had approved the merger with IndiaBulls Housing Finance last year. Since then, the bank had received all necessary regulatory approvals, but failed to get the RBI's green signal
New Delhi Last Updated: October 9, 2019 | 20:56 IST
Lakshmi VIlas Bank had secured all necessary proposals, but fail to get the RBI's nod.