India's Finance Minister praises RBI in allowing DBS to rescue failed Chennai bank - The Online Citizen

In an interview with Bloomberg on Tues (8 Dec), India’s Finance Minister Nirmala Sitharaman praises the Reserve Bank of India (RBI), the country’s central bank, in its efforts to rescue Lakshmi Vilas Bank (LVB) by allowing the foreign owned DBS Bank India to buy the failed lender (“DBS Buyout Shows India Banking Sector Is Opening, […]

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