RBI directors on Lakshmi Vilas Bank's board did not present their views on merger

RBI directors on Lakshmi Vilas Bank’s board did not present their views on merger

The board of LVB, on April 5, had approved the merger with IHB, in a share swap deal. Post the notification to exchanges, it’s managing director and chief executive officer Parthasarathi Mukherjee told media on a concall that the decision of the board was “unanimous.”

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