RBI puts Lakshmi Vilas Bank under PCA norms https://ift.tt/2mwmga5 - Walletnews For Me

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    Saturday, September 28, 2019

    Home Business News: Latest News on Business Financial News India Business & World Business News Stock Markets RBI puts Lakshmi Vilas Bank under PCA norms https://ift.tt/2mwmga5

    RBI puts Lakshmi Vilas Bank under PCA norms https://ift.tt/2mwmga5

    The Reserve Bank of India (RBI) has initiated prompt corrective action (PCA) against Lakshmi Vilas Bank (LVB) after its directors are being probed for alleged fraud, the private lender said in a statement to exchanges on Saturday.
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