Lakshmi Vilas Bank has written down bonds aggregating to Rs. 318.20 crore

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Lakshmi Vilas Bank has written down bonds aggregating to Rs. 318.20 crore
Posted On: 2020-11-26 19:55:53 (Time Zone: Arizona, USA)

Lakshmi Vilas 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.
Source: Equity Bulls
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