₹9,894 crore for the March quarter.Lakshmi Vilas Bank Ltd has received a non-binding offer from Pramod Bhasin-promoted Clix Capital Services Pvt.
Ltd and Clix Finance India Pvt. Ltd to buy a 45% stake in the troubled private lender, two people familiar with the matter said.
Clix will infuse nearly ₹2,300 crore into the bank, resulting in the amalgamation, they said.Finance minister Nirmala Sitharaman on Monday reached out to private sector lenders and non-banking financial companies (NBFCs), urging them to join public sector banks in scaling up lending to small businesses.Meanwhile, the Japanese yen weakened 0.06% versus the greenback at 107.37 per dollar, while sterling last traded at $1.2615, up 0.10% on the day.Crude oil swung into.