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Madras HC orders RBI to conduct comprehensive asset valuations for DBS and Lakshmi Vilas Bank

By Economic Times - 3 weeks ago
Madras High Court has directed RBI to reevaluate DBS Bank India and LVB pre-amalgamation, influencing share value/write-off decisions within four months, in response to bondholders' suit, highlighting transparency and fairness for stakeholders.

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