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Tuesday, November 17, 2020

One more bank is bankrupted. How many more to follow?

Just in: Government imposes a one-month moratorium on Lakshmi Vilas Bank. Cash withdrawal limit of Rs 25,000 imposed tor depositors

Now, the Reserve Bank of India proposes amalgamation of Lakshmi Vilas Bank (LVB) with DBS Bank India Ltd.






 

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Everytime a person of Indian origin becomes a Global CEO, we either embark on Self loathing or feel as if we now control the American corpor...

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