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Cabinet approves to merge Lakshmi Vilas Bank with DBS Bank Tag

Daily Market Analysis

Daily Market Analysis – 26th Nov 2020

byHarsh SavlaNovember 26, 2020

Cabinet approves RBI’s proposal to merge Lakshmi Vilas Bank with DBS Bank. As part of the amalgamation, DBIL will infuse fresh capital of ₹2,500 crores into LVB. Analysts and Global Credit Rating Agencies have applauded RBI’s move and said that it will benefit both parties. Amazon Launches Amazon Pharmacy, a delivery service for prescription medications. While Amazon Pharmacy looks to be a...