Lakshmi Vilas Bank'

Also, Mumbai HC admits writ petition for compensation to LVB shareholders

Padmashree Inc on Wednesday offloaded shares worth over Rs 1.39 crore in Lakshmi Vilas Bank through an open market transaction. As per bu...Read More

As per the draft amalgamation scheme, the RBI has said on and from the appointed date, the entire amount of the paid-up share capital and...Read More

Banking regulator RBI on Tuesday announced a draft scheme to amalgamate the troubled Lakshmi Vilas Bank (LVB) into DBS Bank India, which ...Read More

The government on Tuesday imposed a 30-day moratorium on Lakshmi Vilas Bank, restricting cash withdrawals at Rs 25,000 per depositor, and...Read More

Another bank bites the dust; Rs 25000 cap on deposits for a month; merger with Indian subsidiary of Singapore’s DBS Bank on the cards

The Reserve Bank of India (RBI) has approved a three-member committee of directors to run the day-to-day functioning of cash-strapped Lak...Read More

After a 94-year-old Lakshmi Vilas Bank (LVB) was left without a CEO and promoter, one of the former promoters of the troubled bank is ho...Read More

On Wednesday, the Reserve Bank had rejected a proposal to merge Indiabulls Housing Finance Ltd (IBHFL) with the Tamil Nadu-based troubled...Read More

Speculations were rife about the fate of the merger, announced in April this year, after the Reserve Bank of India (RBI) imposed restrict...Read More

It hit the lower circuit right at the start of the trading session and fell 4.92 per cent lower to hit a 52-week low of Rs 34.75 per shar...Read More

New Delhi: Lakshmi Vilas Bank on Saturday said it has got shareholders' approval to raise up to Rs 1,000 crore by issuance of securities....Read More

In May this year, Religare Enterprises had said that Lakshmi Vilas Bank misappropriated four fixed deposits of Religare Finvest worth Rs ...Read More