RBI's Lakshmi Vilas Bank bailout plan: Singapore's DBS to take over, infuse Rs 2,500 crore - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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RBI's Lakshmi Vilas Bank bailout plan: Singapore's DBS to take over, infuse Rs 2,500 crore

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 Industry-Economic Times
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