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Total 44 results found. Search for [ lakshmi vilas bank moratorium ]

Results 1 to 21 of 44
Anand Adhikari
December 29, 2020
The six large PSBs have just seen consolidation. While the integration of IT infrastructure, people and branches will be a big headache, the market will be looking at synergies and gains


Anand Adhikari
December 9, 2020
The merged balance sheet size or total assets at Rs 86,532 crore has put the bank in the league of Bank of America, JP Morgan and, RBL Bank


Prasanna Mohanty
December 2, 2020
RBI panel's proposal to allow big corporates/industrial houses to own and run banks and NBFCs is contrary to RBI's own earlier stand, economic logic and historical evidence of multiple economic crises caused by reckless private financial sector players


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
Stocks to watch today on November 26: Future Retail, DHFL, Siemens, AstraZeneca Pharma, Ashok Leyland, Laurus Labs among others are the top stocks to watch out for in Thursday's trading session


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


Anand Adhikari
November 20, 2020
Sources reveal the private bank has an exposure of Rs 90 crore in one of the loan accounts of Pune-based loss-making firm Bilcare Ltd. This loan was converted into a zero coupon non-convertible debenture (NCD) by the bank with no repayments scheduled for the first five years


Anand Adhikari
November 19, 2020
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


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


Rajeev Dubey
New Delhi, November 18, 2020
Reserve Bank of India (RBI) on Tuesday announced that Lakshmi Vilas Bank had been placed under moratorium by the Union Ministry of Finance till December 16 this year. The decision by the central government, at the request of the RBI, was prompted by a \"steady decline\" in Lakshmi Vilas Bank's financial position over the last three years. Watch as Rajeev Dubey, Editor, Business Today explains the direct impact of the decision on bank customers.Also Read: Lakshmi Vilas Bank under moratorium: What does it mean for depositors?


PTI
November 18, 2020
The festival season retails were driven by the strong performance of its popular models across segments, including the 100cc Splendor+ and HF Deluxe, 125cc motorcycles Glamour and Super Splendor and the Xtreme 160R


PTI
November 18, 2020
RBI said the penalty has been imposed for non-compliance with its directions contained in Non-Banking Financial Company - Systemically Important Non-Deposit taking Company and Deposit taking Company (Reserve Bank) Directions, 2016


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