There is some hope with the new merger partner DBS Bank. But the bad loan story is not over yet as many fear the skeletons would tumble out of the closets in the months to come

Jupiter Capital continues to hold a significant part of its holding in Lakshmi Vilas Bank

The Centre told a bench headed by Justice Ashok Bhushan that it is not a case of no action and no further indulgence may be given even if the petitioners say that there could be better option on this issue

Reversing the trend after 10 days of consecutive gains, YES Bank share price today opened at Rs 14.57 today and later rose to the day's high of Rs 14.69 on BSE. However, the stock also hit the day's low of Rs 14.45, falling 1.5% against the earlier close of Rs 14.68

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

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

The merger of Lakshmi Vilas Bank, an old private sector bank from India, with a foreign bank like Singapore-based DBS Bank is expected to bring its own set of challenges

The troubled lender with 566 branches saw its capital adequacy ratio fall to 0.17 per cent in June 2020; it had Rs 13,827 crore in outstanding loans and deposits worth Rs 21,443 crore at the end of FY20

Last week, shares of the private sector lender rallied with benchmarks Sensex and Nifty hitting fresh lifetime highs. The stock also saw high buying activity following news of YES Bank's inclusion in the MSCI India Index

Share of the private sector lender has risen over 18% in one week. However, the stock has fallen 68% since the beginning of the year

Shares of the private lender that have been trading in single digits this year hit a 52-week high of Rs 87.95 and a 52-week low of Rs 5.55

Shares of the private lender that have been trading in single digits this year have hit a 52-week high of Rs 87.95 and a 52-week low of Rs 5.55

The investments of Facebook and Google in Jio Platforms have cemented RIL's position, catapulting its market value and putting it way ahead of TCS in the No.1 spot

With private sector missing from action, PSUs were expected to play saviour, an expectation they failed to live up to

Newly listed insurance, mutual fund, pure play credit card and small finance banking players are charming Dalal Street

Multiple factors are responsible for this; some are well-known, like data fudging and man-made disasters of demonetisation, GST, and stringent lockdown; others are lost sight of, like lack of institutional support and intellectual rigour and frivolous approach to serious crisis

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The Mudra portfolio of the largest bank in the country with over 20 per cent market share in banking assets indicates a similar situation in other public sector banks

Equitas Small Finance Bank stock rose 5.20% to Rs 34.35 against previous close of Rs 32.65 on BSE

Share of the private sector lender that exited from Nifty and Sensex has risen 0.33% in one week. However, the stock has fallen 6% in one month and 73% since the beginning of the year