Lakshmi Vilas Bank climbs 5% on fundraising plan, foreign shareholding limit

Lakshmi Vilas Bank climbs 5% on fundraising plan, foreign shareholding limit

NEW DELHI: Shares of Lakshmi Vilas Bank (LVB) rose nearly 5 per cent in Monday’s trade after the bank said it would raise up to Rs 1,500 crore to fund business growth and increase foreign shareholding limit to up to 74 per cent. The bank said it would seek approval for the proposals from its … Read more