The moth-eaten LVB will cease to exist, its equity completely wiped out. Only its deposits will appear on the books of the India unit of DBS Group Holdings Ltd., Singapore’s biggest bank.
source https://economictimes.indiatimes.com/industry/banking/finance/banking/view-with-lakshmi-vilas-bank-india-is-finally-getting-a-bank-rescue-right/articleshow/79276890.cms
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