Lakshmi Vilas Bank आज से हो गया बंद, इस बैंक में होगा अब कस्टमर्स का अकाउंट | Zee Business
Lakshmi Vilas Bank आज से हो गया बंद, इस बैंक में होगा अब कस्टमर्स का अकाउंट | Zee Business
Nov 27, 2020
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Lakshmi Vilas Bank branches to operate as DBS Bank India Ltd from Friday
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The Lakshmi Vilas Bank is under moratorium, which means depositors cannot withdraw money above the amount mandated by the RBI. The bank will eventually be merged with DBS Bank. The question is, are Indian banks and banking system the most fragile they have ever been? Will more banks go under and what happens to depositors in this scenario? BOOM Explains. Tamal Bandyopadhyay, Author & Consulting Editor, Business Standard, says that this situation doesn't mean all banks will be insolvent. Lakshmi
13:38
The Lakshmi Vilas Bank is under moratorium, which means depositors cannot withdraw money above the amount mandated by the RBI. The bank will eventually be merged with DBS Bank. The question is, are Indian banks and banking system the most fragile they have ever been? Will more banks go under and what happens to depositors in this scenario? BOOM Explains. Tamal Bandyopadhyay, Author & Consulting Editor, Business Standard, says that this situation doesn't mean all banks will be insolvent. Lakshmi
321 viewsNov 18, 2020
FacebookBOOMLive
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