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Total 75 results found. Search for [ LVB ]

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PTI
January 18, 2021
The petition in the Delhi High Court has been filed by lawyer Sudhir Kathpalia, who was also a shareholder in Lakshmi Vilas Bank (LVB)


Aprajita Sharma
December 2, 2020
The top two players - Zerodha and Upstox - now have over 26 lakh and nearly 14 lakh active clients, respectively on the NSE as of October-end, while ICICI Securities has 12.15 lakh clients


BusinessToday.In
November 30, 2020
Lakshmi Vilas Bank (LVB) has been merged with DBS Bank India Limited (DBIL), which is a subsidiary of Singapore's DBS Group Holdings Ltd, owing to serious deteriorations in the former's financial positions.


BusinessToday.In
November 26, 2020
The Central government on November 25 has sanctioned the final scheme of amalgamation between the crisis-hit lender and DBS Bank India, which is the wholly owned subsidiary of DBS Bank Singapore


Joe C Mathew
November 26, 2020
Swadeshi Jagran Manch that promotes national self-reliance said that RBI has chosen to ignore the inherent value in LVB, and announced the handover to a foreign entity for free


BusinessToday.In
November 26, 2020
India Stock Market Highlights Today: Bajaj Auto, M&M, L&T, HDFC, Bharti Airtel, Sun Pharma, UltraTech Cement, Titan and Tata Steel were among the top gainers on Sensex pack. On the other hand, IndusInd Bank, Infosys, Maruti and ONGC were among the laggards


BusinessToday.In
November 26, 2020
Catch top stories from the world of business and economy with BusinessToday.In's Biz EOD report


BusinessToday.In
November 25, 2020
Customers, including depositors of the Lakshmi Vilas Bank will be able to operate their accounts as customers of DBS Bank India with effect from November 27, RBI informed


Chitranjan Kumar
November 25, 2020
Lakshmi Vilas Bank had been under Reserve Bank of India (RBI's) moratorium for a period of 30 days till December 16, 2020, during which withdrawals for depositors were capped at Rs 25,000


BusinessToday.In
November 25, 2020
Govt has asked RBI to take action against people in management who drives banks to brink of collapse, says Union minister Prakash Javadekar; deal also marks  first instance when a foreign entity was roped in to bail out a struggling bank in India


BusinessToday.In
November 20, 2020
India Stock Highlights Updates Today: Bajaj Finserv followed by Tata Steel, Titan, Bajaj Finance, HDFC twins and Kotak Bank were among the top gainers on Sensex pack. On the other hand, ICICI Bank, ONGC, Axis Bank, SBI and IndusInd Bank were among the laggards


Anand Adhikari & Rajeev Dubey
November 19, 2020
Jupiter Capital continues to hold a significant part of its holding in Lakshmi Vilas Bank


BusinessToday.In
November 18, 2020
Catch top stories from the world of business and economy with BusinessToday.In's Biz EOD report


PTI
November 18, 2020
Moody's said India and Indonesia are DBS' core foreign markets where it is actively growing its digital banking services, and had more than 3 million digital bank customers in these two markets at the end of 2019


Manoj Sharma
November 18, 2020
Scores of Lakshmi Vilas Bank customers have gone on panic mode since the moratorium was imposed; Manoharan says the bank has made adequate measures to provide cash to all customers within the prescribed limit


BusinessToday.In
New Delhi, November 18, 2020
Hiring activities improve in metros; job postings rise 5% in October; RBI launches Innovation Hub to boost financial inclusion; Kris Gopalakrishnan first chairman; Indian students pumped $7.6 billion to US economy in 2019-20. Watch this and more news on News Blast.Also Read: Lakshmi Vilas Bank under moratorium: What does it mean for depositors?


BusinessToday.In
November 18, 2020
LVB is a small bank and its failure won't significantly impact the banking sector, but it's the loss of confidence and trust in banking system that has escalated with this crisis


BusinessToday.In
November 18, 2020
Chennai-headquartered Lakshmi Vilas Bank got its new acquirer in DBS Bank after two failed mergers. Even though DBS Bank is well capitalised, the foreign bank will bring in additional capital of Rs 2,500 crore upfront to support credit growth of the new entity


Vivek Punj
November 17, 2020
Payments to the creditors have been capped at Rs 25,000 during the period of moratorium. Withdrawals above Rs 25,000 have been permitted in case of unforeseen expenses


BusinessToday.In
October 15, 2020
Lakshmi Vilas Bank's board has approved raising of up to Rs 500 crore through issuance of shares on rights basis to existing shareholders


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