The Reserve Bank of India has picked holes in the business practices and corporate governance standards at Lakshmi Vilas Bank. The private sector lender says it is plugging the gaps pointed out by the regulator. The RBI has said the staff had been negligent in monitoring accounts and that the promoter group had been raising stake in contrast to its direction to lower the holding, an inspection report shows............
The very purpose of VITALINFO is to provide a platform for wider dissemination of updated information related to and happening of events in and around RBI.
No comments:
Post a Comment