Lakshmi Vilas Bank to Amalgamate with Indiabulls Housing Finance
Lakshmi Vilas Bank (LVB) has approved an amalgamation with Indiabulls Housing Finance Ltd (IBH). The merged entity would be the 8th largest private sector bank by size & profitability. The merged entity will be known as Indiabulls Laxmi Vilas Bank.
Did you Know
Gagan Banga & Parthasarthi Mukherjee will be the joint MDs.