The government and the Reserve Bank of India (RBI) on Tuesday put Lakshmi Vilas Bank under a moratorium that capped customer withdrawals at Rs 25,000 till December 16 after “serious deterioration” in the lender’s finances.   The limit is on a per customer basis, and not on a per account basis.   That means even … Continue reading Lakshmi Vilas Bank Collapses put under moratorium upsets account holders