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Fairfax Holdings Prem Watsa

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Battered by three decades of controversy, TMB looks back to the future

June was a memorable month for the 101-year-old Tamilnad Mercantile Bank (TMB). Last month, the Thoothukudi-based bank witnessed two new landmarks in a history in which the last three decades could......

Lakshmi Vilas Bank had dug its own grave

Its obsession for growth, chasing corporate clients and giving up its original mandate of meeting the needs of local trade and businesses. A quarter of its loan book has gone bad.That's an error of......

How the Kerala-based CSB Bank made a dramatic turnaround

For FY21, CSB is looking at growth of around 25 per cent and is confident of doubling it in two years. And it is also exploring options to acquire a mid-size bank with a good client base and......

Watch out for these five banking stocks!

The coming years could be exciting for Bandhan Bank, IDBI Bank, IDFC First Bank, Federal Bank, and CSB Bank, reports Hamsini Karthik. Photograph: Rupak De Chowdhuri/Reuters   Apart from being......

Time is running out for Lakshmi Vilas Bank

'It's a toss-up between a fire sale of equity or merger with a strong bank,' points out Tamal Bandyopadhyay.   After the Reserve Bank of India rejected Indiabulls Housing Finance Ltd's plan......

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