Bombay HC refuses to stay merger of Lakshmi Vilas Bank, DBS

"We are refusing the interim relief sought by the petitioners to stay the amalgamation. The petitions shall be placed for hearing on December 14 when the respondents (Reserve Bank of India, LVB and DBS Bank India) shall file their affidavits in reply," the court said.

from Banking/Finance-Industry-Economic Times https://ift.tt/2V2tKz5