(This story originally appeared in on Nov 18, 2020)
Chennai: The proposed amalgamation of Lakshmi Vilas Bank NSE -19.94 % (LVB) with DBS Bank of Singapore brings the curtains down on a 94-year-old institution, which was started by a group of enterprising men to promote trade in Western Tamil Nadu. After bleeding for several quarters and unable to raise capital to fund its activities, the bank was limping and w ..
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https://economictimes.indiatimes.com/industry/banking/finance/banking/lakshmi-vilas-bank-the-rise-and-fall-of-a-94-yr-old-troubled-bank-from-tamil-nadu/articleshow/79275567.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst......................ET