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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......

Indiabulls to enter MF biz

Indiabulls Financial Services Ltd on Friday said it has received approval from the Securities and Exchange Board of India to start mutual fund operations. The company is in the process of setting......

Why it makes sense to invest in small savings schemes

Those willing to take a higher risk for higher returns can look at AAA-rated non-convertible debentures from reputed issuers, says Tinesh Bhasin.Illustration: Uttam Ghosh/Rediff.com For those......

Indiabulls-LVB merger: It's a clear no from Mint Road

Last month, the bank was placed under Prompt Corrective Action due to high level of bad loans, lack of sufficient capital to manage risks and negative return on assets for two consecutive years.......

How IL&FS crisis has impacted non-banking finance companies

For non-banks, the IL&FS crisis was nothing short of India’s Lehman moment, which has for a foreseeable future reset the sector on multiple grounds. Two and a half years after the......

Rediff News

Indiabulls Commercial Credit

News for Indiabulls Commercial Credit

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

Indiabulls to enter MF biz

Why it makes sense to invest in small savings schemes

Indiabulls-LVB merger: It's a clear no from Mint Road

How IL&FS crisis has impacted non-banking finance companies

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