Lakshmi Vilas Bank (LVB)

Amalgamation of LVB with DBS Bank completed, Rs 2,500 cr fund injection soon

Amalgamation of LVB with DBS Bank completed, Rs 2,500 cr fund injection soon

In a statement on Monday, DBS Bank said that the scheme of amalgamation is under the special powers of the Government of India and Reserv...Read More

RBI asks LVB to write down Rs 318.20 crore of Tier 2 bonds

RBI asks LVB to write down Rs 318.20 crore of Tier 2 bonds

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

Nearly 200 LVB branches were loss-making, 100 unviable: Ex-Director

Nearly 200 LVB branches were loss-making, 100 unviable: Ex-Director

Board member Shakti Sinha also said, for a bank of LVB's size, its 563 branch network was huge and nearly 200 of them were loss-making an...Read More

LVB management expands search for new MD & CEO; to send names to RBI in one-and-half months

LVB management expands search for new MD & CEO; to send names to RBI in one-and-half months

The South-based lender is searching for its next chief from across the industry, private as well as public sector, and has included more ...Read More

Free Press Journal

www.freepressjournal.in