Lakshmi Vilas Bank has been merged with which of the following banks in November 2020?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e DBS.
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In November 2020, Lakshmi Vilas Bank was amalgamated with DBS Bank India Limited.
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In June 2021, DBS was named by Forbes in its list of the World’s Best Banks for the second consecutive year.
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DBS was ranked first out of 30 domestic and international banks present in India.