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Total 199 results found. Search for [ Scheme of Amalgamation ]

Results 1 to 21 of 199
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 23, 2020
Lakshmi Vilas Bank stock has lost 48.24% in four sessions


BusinessToday.In
November 20, 2020
Aggregate shareholding of Bharti Infratel in combined entity will change from 53.51 per cent to 36.73 per cent; Vodafone Group's shareholding will change to 28.12 per cent


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


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


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


BusinessToday.In
November 18, 2020
Lakshmi Vilas Bank  stock opened 20% lower at Rs 12.40 against previous close of Rs 15.50


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 9, 2020
Stock Market News Updates Today:Tata Steel, followed by Bharti Airtel, L&T, M&M, Bajaj Finance and HDFC were among the top gainers today. On the other hand, HUL, Reliance Industries, TCS, Nestle India and Tech Mahindra were among the top laggards


Anand Adhikari
October 6, 2020
Experts suggest the corporate restructuring will gain momentum on account of slowdown in the economy and new learnings post-COVID-19, especially work from home and traction in digital medium


BusinessToday.In
September 30, 2020
Stocks to watch today on September 30: HDFC, RIL, Britannia, PVR, Future Enterprises among others are the top stocks to watch out for in Wednesday's trading session


BusinessToday.In
September 18, 2020
India Stock Market Highlights Today: Sun Pharma, followed by Tech Mahindra, Tata Steel, TCS, Titan, PowerGrid, NTPC, Reliance Industries and Asian Paints were among the top gainers on Sensex today. On the other hand, HUL, Bajaj Auto, Maruti and Nestle India were among the laggards


Prasanna Mohanty
September 17, 2020
It would be naive to expect agriculture providing jobs to about 43% of the workforce and sustaining 70% of the population living in rural India with a meagre share of 14.5% in national income (GDP) to drive growth, especially when it is going through unprecedented job and income loss


BusinessToday.In
September 17, 2020
Moving bill in Lok Sabha, Finance Minister Nirmala Sitharaman says government was compelled to come out with an ordinance as condition of cooperative banks is \"grave\"; as many as 277 urban cooperative banks have reported losses in 2018-19 fiscal, she adds


BusinessToday.In
September 16, 2020
In response to the debate on Banking Regulations (Amendment) Bill, Finance Minister Nirmala Sitharaman said that the Bill is aimed at improving governance at cooperative banks and protect depositors' money


PTI
September 6, 2020
The proposed scheme -- 'Second Innings Tap VRS-2020' -- is aimed at optimising human resources and costs of the bank


BusinessToday.In
July 31, 2020
Sun Pharma's earnings before interest, tax, depreciation and amortisation (EBITDA) fell 7.6 percent on-year to Rs 1,843.6 crore


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