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Wednesday, November 18, 2020

LVB administrator assures depositors; expects restrictions to end before Dec 16

Tamil Nadu based LVB was put under moratorium on Tuesday evening through a government notification. A few minutes later the RBI issued a draft scheme of amalgamation with DBS Bank India, the wholly owned subsidiary of DBS Bank Ltd, Singapore's largest lender.

from Markets-Economic Times https://ift.tt/38TDBzp
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