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Latest Articles in lakshmi vilas bank
India Set To Hand Troubled Lakshmi Vilas Bank To Singapore's DBS
India's government said it had also temporarily capped withdrawals from LVB, which has been scouting for a partner since last year amid mounting bad loan and governance issues.
Read MoreRBI announces draft scheme to amalgamate Lakshmi Vilas Bank with DBIL
RBI announces draft scheme to amalgamate Lakshmi Vilas Bank with DBIL
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Lakshmi Vilas Bank Placed Under Moratorium, Withdrawals Capped At Rs 25,000
The step was taken by the government, on the advice of the Reserve Bank, in view of the declining financial health of the private sector lender.
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India To Fold Lakshmi Vilas Into Local Arm Of Singapore's DBS
Lakshmi Vilas has been looking for a buyer since last year and the RBI last year rejected a proposal for it to merge with shadow lender Indiabulls Housing Finance
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RBI Asks Lakshmi Vilas Bank To Reconsider Names Proposed For New MD & CEO
The aim is to find the candidate for the MD & CEO post as soon as possible, 'like say in a one-and-half months
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RBI Approves 3-Member Committee Of Directors To Manage Lakshmi Vilas Bank
The shareholders rejected the appointments a time when the private sector lender is facing a major financial crisis due to deterioration of asset quality and lack of capital.
Read MoreShares of Lakshmi Vilas Bank jump 10 pc after merger talks with Clix Group
Shares of Lakshmi Vilas Bank jump 10 pc after merger talks with Clix Group
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Reliance Power Defaults On Payment Of Rs 300 Cr Principal, Interest
The default was on loans taken from Axis Bank, Yes Bank, IDBI Bank and Lakshmi Vilas Bank
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Lakshmi Vilas Bank Approached By Potential Investor
LVB's capital adequacy ratio stood at 3.46% at the end of December, it said in its quarterly results release in February, while the percentage of gross bad loans to total assets had inched up to 23.27%.
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Indiabulls Housing Finance, Lakshmi Vilas Bank Hit 52-Week Lows
Indiabulls Housing Finance (IBHF) stock tumbled 18.02 per cent to trade at Rs 197 on the BSE.
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Indiabulls Hits Over Five-Year Low, Rattled By Merger Concerns And Probe
This comes as the company stares at a potential fall-through in its merger with Lakshmi Vilas Bank, analysts said.
Read MoreLakshmi Vilas Bank Drops 5% To Hit Lower Circuit
The bank's scrip declined 4.92 per cent to trade at Rs 34.75 apiece in afternoon deals on the BSE.
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Lakshmi Vilas Bank Slumps As Directors Face Fraud Charges
Earlier this year, Lakshmi Vilas said it will merge operations with housing finance firm Indiabulls Housing Finance (IBHF) in a share-swap deal.
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Reserve Bank Of India Yet To Approve Lakshmi Vilas Bank-IHFL Merger
The board of Lakshmi Vilas Bank on Friday had approved a scheme of amalgamation with the IHFL. Some media reports cited the presence of two RBI-nominated additional directors on the bank's board as an indirect approval by the apex bank
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Small But Mighty
RBL Bank has proved that size doesn’t matter. It has posted the highest growth rate across all categories of banks and is at an inflection point
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