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RBI puts Lakshmi Vilas Bank on moratorium

RBI puts Lakshmi Vilas Bank on moratorium

Nov 18, 2020, at 03:24 am

New Delhi/IBNS: The Reserve Bank of India has put Tamil Nadu based Lakshmi Vilas Bank on moratorium for a month and restricted the withdrawals to Rs 25,000 during the period, the finance ministry said in a statement.

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RBI puts Lakshmi Vilas Bank on moratorium Tue, Nov 17 2020