LVB: Grim reminder of governance problems
The RBI has acted swiftly to tackle the Lakshmi Vilas Bank crisis by proposing a merger with DBS Bank India. But a thorough review of banking supervision may be necessary.
The RBI has acted swiftly to tackle the Lakshmi Vilas Bank crisis by proposing a merger with DBS Bank India. But a thorough review of banking supervision may be necessary.