Lakshmi Vilas Bank to raise around Rs 2000-cr via pref share sale; appoints JP Morgan for advice

Lakshmi Vilas Bank (LVB) is planning to raise around Rs 2,000 crore in fresh equity capital before the end of the current financial year, and has appointed JP Morgan Chase for advice on the process.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2N8aFoY