InvestorQ : what about Lakshmi Vilas Bank, would it be a safe and good opportunity to invest due to new director coming in?
varun berry made post

what about Lakshmi Vilas Bank, would it be a safe and good opportunity to invest due to new director coming in?

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K V RAO answered.
2 years ago
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LVB is a take over target in the banks space. India Bulls take over proposal was rejected by RBI. Any take over proposal will be disadvantageous to the LVB shareholders. Share ratio will be determined in such a way that LVB shareholders will get peanuts. Why one should think of LVB for investment when there are other candidates having better potential.

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