The debt-ridden 94-year old old bank's fate was sealed with Union Cabinet headed by Prime Minister Narendra Modi approving Scheme of Amalagamation on Wednesday.
source https://economictimes.indiatimes.com/industry/banking/finance/banking/lakshmi-vilas-bank-becomes-dbs-india-94-year-old-bank-part-of-history-now/articleshow/79448852.cms
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