Lakshmi Vilas Bank mulls rights issue, follow on offer, QIP, other options to raise Rs 500-700 cr quickly

Shakti Sinha, independent director and part of the three-member committee of directors (CoD) approved by the RBI to run the day-to-day operations of LVB, told FE that the CoD had started hectic parleys to survey all options for capital raise.

from Banking & Finance – The Financial Express https://ift.tt/2GdUZ69