Lakshmi Vilas Bank knocks on RBI door with fund-raising plan - Today's Paper News, Breaking News, Top headlines, Latest Breaking News, Breaking News
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Tuesday, March 10, 2020

Lakshmi Vilas Bank knocks on RBI door with fund-raising plan

The bank may sell 49-60% stake to overseas investors to raise up to Rs 2,200 crore andit has been in talks with three-four investors and one of them has brought a 'specific deal' to the table. Prospective investor could act on its own or lead a consortium to invest in LVB, say sources.

from Industry-Economic Times https://ift.tt/2wQCRdl

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