DBS would invest Rs 2,500 crore in the equity of the bank that would help the merged entity have a comfortable capital position. This would also help the Singapore bank gain a banking license. It also ends Clix Capital's plan of converting into a bank.
source https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-proposes-merger-with-dbs-bank-as-possible-solution-to-lakshmi-vilas-banks-capital-woes/articleshow/79265873.cms
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