Lakshmi Vilas Bank jumped by using sixteen% to Rs. 20.Sixty five, after the lender introduced that it had obtained an indicative non-binding offer from the Clix Group. In June, the lender had acquired a preliminary, non-binding letter of intent (LoI) from Clix Capital Services Private Ltd & Clix Finance India Private Ltd. CNBC-TV18 had stated quoting assets that the lender can be capable of boost Rs 1,two hundred- Rs 1,500 crore of funding from AION Capital-backed NBFC Clix Capital. In October closing year, the Reserve Bank of India (RBI) had became down Lakshmi Vilas Bank’s proposed merger with Indiabulls Housing Finance.