The Lakshmi Vilas Bank Rescue Does Not Mark A Trend
A man standing in floodwater shares a tray of tea with another man sitting in a canoe in Alappuzha, Kerala. (Photographer: Prashanth Vishwanathan/Bloomberg)

The Lakshmi Vilas Bank Rescue Does Not Mark A Trend

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The news that Lakshmi Vilas Bank will be merged with DBS Bank India comes as a huge relief. Depositors at LVB will be relieved that, unlike at Punjab and Maharashtra Cooperative Bank, they can expe...
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