Saturday, September 28, 2019

RBI puts Lakshmi Vilas Bank under PCA norms

The Reserve Bank of India (RBI) has initiated prompt corrective action (PCA) against Lakshmi Vilas Bank (LVB) after its directors are being probed for alleged fraud, the private lender said in a statement to exchanges on Saturday.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2nrMYAE

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