Moneycontrol News
The board of Lakshmi Vilas Bank approved a merger with Indiabulls Housing Finance (IBHF), the fourth largest housing finance company in the country on April 5.
However, the transaction will need approval from the Reserve Bank of India (RBI) and other regulatory authorities.
Vaibhavi Khanwalkar does 3 Point Analysis on the deal and what it means for investors.
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