RBI Proposes Amalgamation Of Lakshmi Vilas Bank With DBS Bank

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RBI Proposes Amalgamation Of Lakshmi Vilas Bank With DBS Bank

RBI Proposes Amalgamation Of Lakshmi Vilas Bank With DBS Bank

According to the RBI, DBS Bank, Singapore is a subsidiary of Asia’s leading financial services group, DBS Group Holdings Ltd, and thus, has the advantage of a strong parentage

https://www.mid-day.com/articles/rbi-proposes-a...

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bikidas2060 wrote:

@guest_999 bhai.

It was expected for a long time now but didn’t thought RBI would choose DBS bank for the merger.

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How dbs is selected, did rbi invited proposals or they decide themselves, what if dbs denies it. Just want to know process

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