Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 920)
920.
The RBI has excluded Lakshmi Vilas Bank from the Second Schedule of the Reserve Bank of India Act, 1934. The Lakshmi Vilas Bank was merged with which bank?
Citibank
DBS Bank India Ltd
United Overseas Bank
HSBC Bank
Answer: Option
Explanation:
The RBI has excluded Lakshmi Vilas Bank from the Second Schedule of the Reserve Bank of India Act, 1934. The move was taken after the crisis-ridden Lakshmi Vilas Bank was merged with DBS Bank India Ltd.
Discussion:
1 comments Page 1 of 1.

Nishit Divakar said:   4 years ago
Why Lakshmi Vilas Bank merged with DBS Bank? Please give details.

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