Madras HC orders RBI to conduct comprehensive asset valuations for DBS and Lakshmi Vilas Bank
DBS and Lakshmi Vilas Bank: Integration of private sector DBS Bank India and Lakshmi Vilas Bank has been completed. Now the Madras High Court has ordered the Reserve Bank of India (RBI) to evaluate the assets of these two banks before the merger. Through this valuation, it can be ascertained what impact the merger has … Read more