Trusted News Discovery Since 2008
{{/content}}
Customers suffer after Centre puts Lakshmi Vilas Bank Ltd under moratorium for 30 days
Video Credit: ANI
Published on November 18, 2020 - Duration: 01:19s
Customers suffer after Centre puts Lakshmi Vilas Bank Ltd under moratorium for 30 days
The Centre has placed Lakshmi Vilas Bank Ltd under a moratorium for 30 days.
The cash withdrawal limit has been capped at Rs 25,000 till Dec 16.
RBI imposed moratorium on Lakshmi Vilas Bank Ltd from Nov 17 and also proposed its merger with DBS Bank India.
A customer said, "It was really shocking to know that RBI has imposed moratorium on Lakshmi Vilas Bank Ltd.
Rs 25,000 withdrawal has been permitted which is not enough during this time.
Therefore, we request officials to allow bank customers for more withdrawal limit."
You are here
Related videos from verified sources
SBI chairman Dinesh Khara on Yes Bank & Lakshmi Vilas bank crisis l #HTLS2020 03:55
Video credit: LiveMint - Published on November 27, 2020
Union Cabinet approves merger of Lakshmi Vilas Bank with DBS Bank India Limited 01:31
Video credit: ANI - Published on November 25, 2020
'2 phases of Covid...' How our coronavirus understanding evolved #HTLS2020 03:02
Video credit: LiveMint - Published on November 20, 2020