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How Brokerages View Indiabulls Housing Finance-Lakshmi Vilas Bank Merger

The biggest concern around the deal is whether the proposed transaction will get Reserve Bank of India’s approval.

Shefali Malik
The Indiabulls Finance Centre, developed by Indiabulls Real Estate Ltd., stands in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Indiabulls Housing Finance Ltd. proposed merger with Lakshmi Vilas Bank may run into regulatory hurdles given the housing finance company’s real estate exposure, brokerages said.

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