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Cabinet nod for Lakshmi Vilas Bank, DBS Bank India amalgamation
Updated On: 25 November, 2020 04:01 PM IST | New Delhi | IANS
Briefing the media about the cabinet decision on the matter Union Minister Prakash Javadekar said the cabinet has approved the amalgamation of LVB with DBS Bank.
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Union Minister Prakash Javadekar
The Union Cabinet on Wednesday approved the amalgamation of the Karur based 94-year old Lakshmi Vilas Bank (LVB) with DBS Bank India, a subsidiary of DBS Bank, Singapore.
Briefing the media about the cabinet decision on the matter Union Minister Prakash Javadekar said the cabinet has approved the amalgamation of LVB with DBS Bank.
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