GK
BANKING AWARENESS AND SEBI
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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In which year “Lakshmi Vilas Bank Limited” was formed?
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1925
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1926
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1927
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1928
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Explanation:
Detailed explanation-1: -The Lakshmi Vilas Bank Limited (“our Bank”) was incorporated on November 3, 1926 under the Indian Companies Act, 1913.
Detailed explanation-2: -Effective from 27 November 2020, Lakshmi Vilas Bank (LVB) has been amalgamated with DBS Bank India Limited (DBIL).
Detailed explanation-3: -October, 2021: Thank you for banking with us. We greatly value your continued trust and relationship. As Lakshmi Vilas Bank is now a part of DBS Bank India Limited, we will move ahead with the integration process at a fast pace over the next few months and continue to bring new products and services to you.
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