The proposed new entity will be named Indiabulls Lakshmi Vilas Bank with Sameer Gehlaut, the current chairman of IBHFL, taking over as its vice-chairman. Gagan Banga, currently VC & MD of the housing finance company, and Parthasarathi Mukherjee, current MD of the bank, will become the joint MDs.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2UzsPrl
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