1.0Kamal Sandeshhttps://kamalsandesh.orgkamalsandeshhttps://kamalsandesh.org/author/kamalsandesh/rich600338<blockquote class="wp-embedded-content" data-secret="tQwbiZkLOC"><a href="https://kamalsandesh.org/cabinet-approves-scheme-amalgamation-lakshmi-vilas-bank-dbs-bank-india-limited/">Cabinet Approves Scheme of Amalgamation of Lakshmi Vilas Bank with DBS Bank India Limited</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://kamalsandesh.org/cabinet-approves-scheme-amalgamation-lakshmi-vilas-bank-dbs-bank-india-limited/embed/#?secret=tQwbiZkLOC" width="600" height="338" title="“Cabinet Approves Scheme of Amalgamation of Lakshmi Vilas Bank with DBS Bank India Limited” — Kamal Sandesh" data-secret="tQwbiZkLOC" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript"> /* <![CDATA[ */ /*! This file is auto-generated */ !function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i<o.length;i++)o[i].style.display="none";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute("style"),"height"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):"link"===t.message&&(r=new URL(s.getAttribute("src")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener("message",d.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",function(){for(var e,t,s=l.querySelectorAll("iframe.wp-embedded-content"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute("data-secret"))||(t=Math.random().toString(36).substring(2,12),e.src+="#?secret="+t,e.setAttribute("data-secret",t)),e.contentWindow.postMessage({message:"ready",secret:t},"*")},!1)))}(window,document); /* ]]> */ </script> https://storage.googleapis.com/kamalsandesh/wp-content/uploads/2020/12/LakshmiVillasBank.gif800450The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has given its approval to the Scheme of Amalgamation of Lakshmi Vilas Bank Limited (LVB) with DBS Bank India Limited (DBIL). On 17 November 2020, to protect depositors’ interest and in the interest of financial and banking stability, on RBI’s application under section 45