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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......

Is foreign exchange rate stability desirable? Not really

The recent depreciation of the rupee along with sharp fall in the country’s foreign exchange (FX) reserves has sparked a debate whether stability of the exchange rate is necessary and......

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......

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......

RBI stays on sideline as rupee hits 20-month low

Traders believe the RBI will step in more strongly, if the rupee starts falling towards 65 The Reserve Bank of India's limited intervention during the rupee's slide to 20-month lows against the......

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Dbs Bank India Limited

News for Dbs Bank India Limited

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

Is foreign exchange rate stability desirable? Not really

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

Govt approves merger of Lakshmi Vilas Bank with DBIL

RBI stays on sideline as rupee hits 20-month low

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