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Lakshmi Vilas Bank-Indiabulls Housing Merger Approve...

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  • 4 years ago
  • 2,999 views
  • 18 likes
  • 2 comments
Will they be second time lucky? Lakshmi Vilas Bank 's board has approved a merger with mortgage financier Indiabulls Housing Finance. For every 100 shares of Laxmi Vilas Bank held - shareholders will receive 14 shares of Indiabulls Housing Finance. Remember, the merger was rejected in 2014 Will there be a green signal from the RBI? What are the synergies at play? This is what Nayantara Rai discusses with Ajit Kumar Mittal, ED, Indiabulls Housing Finance on this India Development Debate.

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