Lakshmi Vilas Bank placed under moratorium by RBI; withdrawals for bank account holders restricted at Rs 25,000
RBI has placed private-sector lender Lakshmi Vilas Bank Ltd under a moratorium and has restricted withdrawals of more than 25,000 rupees ($335.80), according to a finance ministry statement on Tuesday.
RBI has placed private-sector lender Lakshmi Vilas Bank Ltd under a moratorium and has restricted withdrawals of more than 25,000 rupees ($335.80), according to a finance ministry statement on Tuesday. Source: PTI