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News Details

Lakshmi Vilas Ba - The Lakshmi Vilas Bank Limited (Amalgamation With DBS Bank India Limited) Scheme, 2020
Ref: Bank'S Int

Back
26/11/2020 23:12
We invite your attention to the referred intimation filed as above. In furtherance to the same, this is to inform that the Bank has written down the bonds (Series VIII - Rs.78.10 crores, Series IX - Rs.140.10 crores and Series X - Rs.100 crores) aggregating to Rs.318.20 crores.

The Tier 2 Bonds issued under Series VII (Option B) amounting to Rs.50.50 crore will continue as a liability in the books of DBS Bank India Ltd.

You are requested to take the same on record.