Will Lakshmi Vilas Bank get a rescuer this time?2 min read 17 Jun 2020, 11:28 AM IST
Lakshmi Vilas Bank's capital adequacy ratio was a pitiful 3.46% in December of which tier-I capital was a mere 1.46%. The regulatory minimum for a healthy bank is 8% and 5% respectively
Troubled Lakshmi Vilas Bank has got a second shot at survival through a non-binding agreement with a private equity investor.
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