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RBI rejection of LVB deal surprising, had govt backing: IndiaBulls MD Banga
October 10, 2019 | By Business-standard.com
business
The uncertainty over the deal as well as legal woes have led to a run on the stock valuations of both the companies which have lost nearly half of their pre-merger-announcement value
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A day after the RBI rejected merger proposal with Lakshmi Vilas Bank, Indiabulls Housing Finance on Thursday said the "uncertainty" about the deal is over and that the company has a stronger balance sheet after the massive cleaning up of its stable. On Wedne
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