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Lakshmi Vilas Bank shares tank 20 pc after getting placed under moratorium

Indian-GRAPEVINE-lakshmi-vilas-bank-shares-tank-20-pc-after-getting-placed-under-moratorium

Published 28 Nov, 2020

By Staff Reporter

Shares of Lakshmi Vilas Bank on Wednesday tanked as much as 20 per cent to hit its lowest permissible trading limit on Wednesday after the government placed the lender under a one-month moratorium and superseded its board. The scrip cracked 20 per cent on BSE to hit its lower circuit limit of Rs 12.4.



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