Lakshmi Vilas Bank looks to raise Rs 1,000 cr; in talks with investors for capital infusion

The nearly 100-year-old LVB is looking at ways to bolster its capital adequacy ratio and the merger deal with Aion Capital-backed non-banking financial company Clix Capital would bring in Rs 1,900 crore for the bank.

from Banking & Finance – The Financial Express https://ift.tt/3j00DXZ