Indiabulls puts on brave face after RBI merger snub
Lakshmi Vilas Bank future uncertain, analysts expect Indiabulls to remain under pressure.
Lakshmi Vilas Bank future uncertain, analysts expect Indiabulls to remain under pressure.
Uncertainty over its merger with Lakshmi Vilas Bank and allegations of impropriety against promoters saw Indiabulls Housing Finance stock tank big time.
There is growing consensus that the current NBFC model has run its course. Will allowing some of them to become banks help?