Expect money from Indiabulls Housing later this month, says Lakshmi Vilas Bank

CNBC-TV18 2019-04-15

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All eyes are on the Reserve Bank of India (RBI) after Indiabulls Housing and Lakshmi Vilas Bank announced intent to merge earlier this month. CNBC-TV18 caught up with Parthasarathi Mukherjee, the MD and CEO of Lakshmi Vilas Bank and began by asking him about how the preferential allotment of shares to Indiabulls Housing Finance post the merger will be done.

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