DBS to take over LVB in RBI bailout plan, infuse Rs 2,500 cr - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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DBS to take over LVB in RBI bailout plan, infuse Rs 2,500 cr

As part of the bailout, depositors and bond holders in general will get their money back. Equity shareholders face a total loss of investment, signalling to investors that this may become the playbook for future rescues of troubled banks.

from Stocks-Markets-Economic Times
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