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Lakshmi Vilas Bank mulls rights issue, follow on offer, QIP, other options to raise Rs 500-700 cr quickly

Thu Oct 1 , 2020
The senior management has also risen to the occasion and all are acting briskly. Troubled private sector lender Lakshmi Vilas Bank (LVB) is exploring all possible options to raise capital, including rights issue, follow on offer and QIP, besides restarting negotiations with Clix Capital for the planned merger. Shakti Sinha, […]