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"t-n-manoharan"
Lakshmi Vilas Bank shares slump further, hit 52-week low value
On Tuesday, the government placed Lakshmi Vilas Bank under a one-month moratorium, superseded its board and capped withdrawals at Rs 25,000 per depositor.
Lakshmi Vilas Bank depositors’ money safe, says RBI-appointed administrator
A moratorium has been imposed on the bank and cash withdrawals have been capped at Rs 25,000 per account.
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