RBI rejects India Bulls-Lakshmi Vilas Bank amalgamation (Lead)
Mumbai/Chennai, Oct 9 (IANS) The Reserve Bank of India on Wednesday rejected the merger of Lakshmi Vilas Bank and India Bulls Housing Finance Ltd, months after the bank had sought its approval on May 7. “The RBI vide their letter dated October 9, 2019, informed that the application for voluntary amalgamation of Indiabulls Housing Finance … Read more



