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Lakshmi Vilas Bank

Will the marriage between Laxmi vilas and Indiabulls succeed?

Will the marriage between Laxmi vilas and Indiabulls succeed?

Lakshmi Vilas Bank is currently hovering near it's 52 week low of Rs. 36.5. It is a steep fall from levels of Rs. 90. Similarly  Indiabulls Housing Finance Ltd (IBH)...
Will the marriage between Laxmi vilas and Indiabulls succeed?

Will the marriage between Laxmi vilas and Indiabulls succeed?

On April 5, 2019, the Board of Lakshmi Vilas Bank (LVB) approved the amalgamation with mortgage lender Indiabulls Housing Finance Ltd (IBH). The merger is subject to the approval of...