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RBI rejects merger of lndiabulls Housing Finance with Lakshmi Vilas Bank
October 9, 2019 | By Business-standard.com
business
The bank had sought approval from the Reserve Bank of India (RBI) on May 7, 2019
:
The Reserve Bank of India has rejected amalgamation of lndiabulls Housing Finance Limited (IBHFL) and lndiabulls Commercial Credit Limited (ICCL) with Lakshmi Vilas Bank Limited (LVB). "...this is to inform that RBI vide their letter dated October 9, 2019, i
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