Thursday, November 26, 2020

RBI's culpability in Lakshmi Vilas Bank's failure needs to be looked into: AIBEA

In a letter to Finance Minister Nirmala Sitharaman on Wednesday, the All India Bank Employees Association (AIBEA) said the approach of merger of the Tamil Nadu-based lender with Indian subsidiary of a Singapore-based bank is opposite to the policy of Aatmanirbhar Bharat professed by the government.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/rbis-culpability-in-lakshmi-vilas-banks-failure-needs-to-be-looked-into-aibea/articleshow/79428200.cms

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