Lakshmi Vilas Bank

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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......

Lakshmi Vilas Bank placed under moratorium, withdrawals capped at Rs 25,000

The government on Tuesday placed Lakshmi Vilas Bank under one-month moratorium, superseded its board and capped withdrawals at Rs 25,000 per depositor. The step was taken by the government, on the......

Lakshmi Vilas Bank may decide on proposed meVB

With a potential liability of Rs 750-800 crore, sources say Clix Capital’s stand on the matter would be crucial in finalising the merger valuation. Capital-starved Lakshmi Vilas Bank (LVB)......

RBI appoints 3-member team to run Lakshmi Vilas Bank

The Reserve Bank of India (RBI) has approved a three-member committee of directors to run the day-to-day functioning of cash-strapped Lakshmi Vilas Bank. IMAGE: Reserve Bank of India Governor......

Lakshmi Vilas Bank comes under Sebi scanner for 'insider trading'

LVB had faced some serious flak in terms of bad loans, earnings and credit rating downgrades, since 2016. Capital markets regulator Securities and Exchange Board of India (Sebi) is examining......

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Lakshmi Vilas Bank

News for Lakshmi Vilas Bank

Govt approves merger of Lakshmi Vilas Bank with DBIL

Lakshmi Vilas Bank placed under moratorium, withdrawals capped at Rs 25,000

Lakshmi Vilas Bank may decide on proposed meVB

RBI appoints 3-member team to run Lakshmi Vilas Bank

Lakshmi Vilas Bank comes under Sebi scanner for 'insider trading'

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