Alert! Another bank on the verge of drowning,RBI took decision

Another bank in the country has reached the verge of sinking. According to the information received, there has been a sharp decline in the financial position of Lakshmi Vilas Bank. Due to which the bank is suffering a lot of losses and its financial condition has deteriorated. According to the news, the Reserve Bank of India has taken a big decision in view of the financial condition of this bank.

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Alert! Another bank on the verge of drowning,RBI took decision

At the same time Lakshmi Vilas Bank has been kept in the Moratorium. Customers may face a lot of difficulty with this decision. Let us tell you that bank customers will now be able to withdraw a maximum of Rs 25,000 every day for a month. According to the news, Laxmi Vilas Bank is expected to continue its losses due to lack of strategic planning, decline in advance and rising NPAs. In view of this, the RBI has taken a big decision. According to the information received, the Reserve Bank of India can take any other big step in view of the situation of this bank so that the person who has an account in this bank does not have to face much trouble.

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