Singapore's DBS says it has completed takeover of distressed Lakshmi Vilas Bank

Southeast Asia's largest lender, which will pump in 25 billion rupees ($338 million) into its India unit, until recently had just over 30 branches in India but has now added more than 550 and 900-plus ATMs.

from Banking/Finance-Industry-Economic Times https://ift.tt/33qGTXC