Lakshmi Vilas bank drafts level 2 bonds worth Rs 320 crore
Calcutta: A majority of Lakshmi Vilas Bank bondholders lost the value of their investment as the bank wrote down Basel III compliant Level 2 bonds worth Rs 320 crore under the leadership of the Reserve Bank of India. The development took place on Thursday, a day before LBV’s merger with DBS Bank India, even as […]
The post Lakshmi Vilas bank drafts level 2 bonds worth Rs 320 croreappeared first on
Discover more from USNewsRank
Subscribe to get the latest posts sent to your email.