RBI did not consider India Bulls Housing to be a worthy partner to Laxmi Vilas Bank and nor did it consider Samir Gehlaut and Gagan Banga to be fit and proper to be promoters/directors of a bank. Perhaps the mismanagement of Yes Bank under the guardianship of Rana Kapoor, influenced this perspective of RBI, already concerned about the state of health of LVB. In this episode of the Business Tit-Bits, our Business Editor Mr Akhilesh Bhargava talks about the issue.
#LaxmiVilasBank #IndiaBullsHousing #RBI
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