The Reserve Bank of India (RBI) took control of LVB on November 15 due to a ‘serious deterioration’ in its finances and temporarily capped withdrawals   Then the promoter opposed unilateral merger of LVB with DSB . But Inspite of objection Modi led BJP government on Wednesday approved the merger of Lakshmi Vilas Bank (LVB) … Continue reading RBI , Modi Government pushed unprecedented “Free of Cost” deal to DBS laments Investors and Promoter of LVB