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    LVB FAILURE
    November 19, 2020

    Subject: Economy Context:  Reserve Bank of India decision to impose a 30-day moratorium on Lakshmi Vilas Bank Ltd (LVB) and put in place a draft scheme for its amalgamation with DBS Bank India has raised concerns about the safety of the financial system.  Concept: The RBI said the financial position of the Chennai-based LVB, which […]

    Posted in: DPN Topics ,
    Tags: economy , LVB FAILURE ,

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