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LVB-DBS deal: HC asks RBI to relook at valuation

India Business News: The Madras HC has asked RBI to carry out a valuation of shares and assets of DBS Bank India and Lakshmi Vilas Bank as on the date before their amalgam

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

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.

This is how the Madras High Court wants to eliminate corporal punishment in schools

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