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Latest Articles in lakshmi vilas bank
Govt May Table Amendment To DICGC Act In Monsoon Session
Finance Minister Nirmala Sitharaman in the Budget speech in February said the government had approved an increase in the Deposit Insurance cover from Rs 1 lakh to Rs 5 lakh for bank customers last year.
Read MoreSingapore's DBS Says Has Completed Takeover Of Lakshmi Vilas Bank
Southeast Asia's largest lender, which will pump in 25 billion rupees ($338 million) into its India unit, until recently had just over 30 branches in India but has now added more than 550 and 900-plus ATMs.
Read MoreTrading in LVB shares to be suspended from Thursday, says NSE
Trading in LVB shares to be suspended from Thursday, says NSE
Read MoreEquity shares of Lakshmi Vilas Bank not available for trading from Nov 26: BSE
Equity shares of Lakshmi Vilas Bank not available for trading from Nov 26: BSE
Read MoreCabinet approves merger of Lakshmi Vilas Bank with DBS Bank India Limited
Cabinet approves merger of Lakshmi Vilas Bank with DBS Bank India Limited
Read MoreGovt Approves Merger Of Lakshmi Vilas Bank With DBS Bank
The Union Cabinet has approved the merger of the LVB with DBS Bank India Limited, Union Minister Prakash Javadekar told reporters, adding the decision will provide comfort to 20 lakh depositors and protect the services of 4,000 employees.
Read MoreProtection of Lakshmi Vilas Bank could be done without compromising national interests: Swadeshi Jagran Manch
Protection of Lakshmi Vilas Bank could be done without compromising national interests: Swadeshi Jagran Manch
Read MoreLakshmi Vilas Bank Stock Tanks Over 53 % In 6 Days
The government has placed Lakshmi Vilas Bank (LVB) under one-month moratorium, superseded its board and capped withdrawals at Rs 25,000 per depositor.
Read MoreWhat Singapore analysts say about DBS takeover of Lakshmi Vilas Bank
What Singapore analysts say about DBS takeover of Lakshmi Vilas Bank
Read MoreInvestors Continue To Dump Lakshmi Vilas Bank Shares; Stock Tanks Over 48% In 5 days
On the NSE, it plummeted 10 per cent to Rs 8.10 -- its lowest trading permissible limit for the day.
Read MoreDBS Faces Potential Culture Clash As It Scoops Up Distressed Lakshmi Vilas Bank
The plan will accelerate Singapore-based DBS's expansion ambitions in India and potentially transform it from a largely digital bank in the country to one with hundreds of branches.
Read MoreLakshmi Vilas Bank Shares Tank 20% After Getting Placed Under Moratorium
On NSE, the shares plunged 19.94 per cent to lock in the lower circuit of Rs 12.45.
Read MoreLakshmi Vilas Bank has enough liquidity to pay its depositors: RBI-appointed administrator TN Manoharan
Lakshmi Vilas Bank has enough liquidity to pay its depositors: RBI-appointed administrator TN Manoharan
Read MoreIndian Shares At Record High As Autos, Banks Surge
The Nifty 50 opened lower, but hit a record intra-day high in afternoon trading. It clocked a 0.5% gain to end at 12,938.25, while the S&P BSE Sensex gained 0.52% to close at 44,180.05.
Read MorePeople complain of inconvenience after Centre sets withdrawal limit of Rs 25,000 at Lakshmi Vilas Bank
People complain of inconvenience after Centre sets withdrawal limit of Rs 25,000 at Lakshmi Vilas Bank
Read More