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Kotak Mahindra Makes Late Entry in Race for Cash-Starved Lakshmi Vilas Bank

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The RBI had earlier put Lakshmi Vilas Bank under the Prompt Corrective Action (PCA) framework following a sharp rise in its non-performing assets (NPAs), insufficient liquidity and negative returns on assets for two consecutive years.

from Top Business News- News18.com
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Kotak Mahindra Makes Late Entry in Race for Cash-Starved Lakshmi Vilas Bank Kotak Mahindra Makes Late Entry in Race for Cash-Starved Lakshmi Vilas Bank Reviewed by Team Exprssnews on March 09, 2020 Rating: 5

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