After a 20% fall, is more pain in the offing for Lakshmi Vilas Bank investors?

On November 17 the RBI declared moratorium on the private lender Lakshmi Vilas Bank (LVB) and announced a draft scheme to amalgamate LVB into Singapore's wholly-owned Indian unit, DBS Bank India. DBS will invest $340 million into the merged entity. The merged entity will have a capital adequacy ratio of 12.51 percent.

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