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India places troubled lender Lakshmi Vilas Bank under moratorium

BENGALURU, Nov 17 (Reuters) - India has placed private-sector lender Lakshmi Vilas Bank Ltd under a moratorium and has restricted withdrawals of more than 25,000 rupees ($335.80), according to a finance ministry statement on Tuesday.

$1 = 74.4490 Indian rupees Reporting by Chris Thomas in Bengaluru; Editing by Shounak Dasgupta

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