RBI's Lakshmi Vilas Bank bailout plan: Singapore's DBS to take over, infuse Rs 2,500 crore

As part of the bailout, depositors and bond holders in general will get their money back. Equity shareholders face a total loss of investment, signalling to investors that this may become the playbook for future rescues of troubled banks.

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