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Lakshmi Vilas Bank to raise around Rs 2000 crore via preference share sale; appoints JP Morgan

Lakshmi Vilas Bank to raise around Rs 2000 crore via preference share sale; appoints JP Morgan Last fiscal, the bank had added over Rs 2,915 crore in fresh bad loans, leaving it with a net loss of Rs 585 crore against a profit of Rs 256 crore in the previous fiscal year.

from Moneycontrol Business News https://ift.tt/2NTcThi
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