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Centre places Lakshmi Vilas Bank under moratorium, caps withdrawal limit at ₹25,000

Juliet Woodard by Juliet Woodard
November 17, 2020
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The Centre has placed private-sector lender Lakshmi Vilas Bank Ltd. under a moratorium and has restricted withdrawals of more than ₹25,000 rupees, according to a Finance Ministry statement on November 17.

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Tags: Lakshmi Vilas Banklakshmi vilas bank moratoriumlakshmi vilas bank withdrawallakshmi vilas bank withdrawal limitmoratorium
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