KM Financial Solutions | RBI imposes constraints on Lakshmi Vilas Bank amid police probe
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RBI imposes constraints on Lakshmi Vilas Bank amid police probe

RBI imposes constraints on Lakshmi Vilas Bank amid police probe

India’s central bank issued a
regulatory action on Lakshmi Vilas Bank, the lender
said in a statement on Saturday, at the same time that police
have started probing the bank’s directors for alleged
misappropriation of funds.

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