Jul 22
CIMB is favored for its attractive yields, as Malaysian banks show potential for re-accumulation due to valuation gaps.... https://businessnews.com.my/?p=316255 #banking #stock
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CIMB is favored for its attractive yields, as Malaysian banks show potential for re-accumulation due to valuation gaps.... https://businessnews.com.my/?p=316255 #banking #stock
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Lakshmi Vilas Bank gains nearly 5% on fund raising plan
Lakshmi Vilas Bank gains nearly 5% on fund raising plan
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NEW DELHI : Shares of private sector lender Lakshmi Vilas Bank Ltd. (LVB) jumped nearly 5% in early trade on Monday after the bank announced its plan to raise up to Rs1,500 crore and increase foreign shareholding up to 74%.
The LVB stock rose 4.61% to Rs20.40 on the BSE and 3.33% to Rs20.15 on the NSE.
The Chennai-based lender will seek approval for the proposals from…
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