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......

What does merger with LVB mean for DBS Bank chief Piyush Gupta?

While Gupta, 60, can rightfully bask in the glory he has achieved for his bank in the subcontinent, his peers in foreign banks will have to revisit their India play, especially the local......

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......

Surprise! Sensex on a high but FIIs gain little

If the rupee falls further, it would negatively impact the dollar-based returns of foreign investors, and could influence foreign flows into India.Sachin P Mampatta reports Foreign investors who......