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Govt approves merger of Lakshmi Vilas Bank with DBIL

The government on Wednesday approved merger of crisis-ridden Lakshmi Vilas Bank (LVB) with DBS Bank India Ltd (DBIL) and removed restrictions on withdrawal of deposits by depositors. The Union......

LVB customers can access all services; interest rates remain same: DBS

DBS Bank India on Monday said customers of Lakshmi Vilas Bank, which has now been merged with it, can continue to access all banking services, and interest rates on savings and fixed deposits are......

DBS retains Lakshmi Vilas Bank's name, logo

According to experts, 'Lakshmi' and the logo 'Godesses Lakshmi' have a lot of value in India and are the biggest driver for the Bank. Retaining the Lakshmi name and logo will help DBS. DBS Bank......

A 94-year old bank is part of history now; Lakshmi Vilas Bank becomes DBS India

Tamil Nadu-based Lakshmi Vilas Bank (LVB) with pre-independence lineage on Friday lost its identity after its merger with the Indian subsidiary of Singapore's DBS Bank. The debt-ridden 94-year old......

LVB to become DBS Bank India from Nov 27; Rs 25,000 withdrawal restriction to go

Crisis-hit Lakshmi Vilas Bank (LVB) will merge into the Indian arm of Singapore-based DBS Bank on Friday, leading to removal of all restrictions, including withdrawal cap of Rs 25,000, which the......

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Dbil

News for Dbil

Govt approves merger of Lakshmi Vilas Bank with DBIL

LVB customers can access all services; interest rates remain same: DBS

DBS retains Lakshmi Vilas Bank's name, logo

A 94-year old bank is part of history now; Lakshmi Vilas Bank becomes DBS India

LVB to become DBS Bank India from Nov 27; Rs 25,000 withdrawal restriction to go

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