Monday, November 30, 2020

Singapore's DBS says it has completed takeover of distressed Lakshmi Vilas Bank

Southeast Asia's largest lender, which will pump in 25 billion rupees ($338 million) into its India unit, until recently had just over 30 branches in India but has now added more than 550 and 900-plus ATMs.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/singapores-dbs-says-it-has-completed-takeover-of-distressed-lakshmi-vilas-bank/articleshow/79489036.cms

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