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 Cabinet ...

It took just nine days for shareholders, depositors and customers of cash-strapped Lakshmi Vilas Bank (LVB) to realise the seriousness of the Reserve Bank of India (RBI) and the government in ...

DBS Bank India (DBIL), the wholly-owned subsidiary of DBS Bank of Singapore, which has taken over the troubled Lakshmi Vilas Bank (LVB), on Thursday said it could grow profitability despite the impact ...

Crisis-hit Lakshmi Vilas Bank (LVB) will merge into the Indian arm of Singapore-based DBS Bank on November 27, leading to removal of all restrictions, including withdrawal cap of ₹25,000, which the ...

CHENNAI: Shareholders of Lakshmi Vilas Bank (LVB) tasted consolation win in the Madras high court, which refused to stay its merger with DSB Bank India but directed DBIL not to take any further ...

Mumbai, Nov 25 () The Reserve Bank on Wednesday said the amalgamation of Lakshmi Vilas Bank with DBS Bank India will come into force from November 27 and the moratorium imposed on the crisis-ridden ...

https://www.thehindubusinessline.com/money-and-banking/legal-tussle-between-lvb-shareholders-rbi-likely-to-reach-sc/article33230169.ece Copy Irrespective of who wins ...

Last week, the regulator announced a merger of LVB with the wholly-owned subsidiary of DBS Bank in India.(Mint) DBS Bank India Limited (DBIL) on Friday said it has received capital infusion of ₹2,500 ...

Quote The 20 lakh depositors and Rs 20,000 crore deposits are now fully secured. They need not worry. They should not rush, their deposits are in the best hand. Prakash Javadekar, Union Environment ...