RBI Proposes Cash Starved Lakshmi Vilas Bank Merger With Singapore Bank DBS
LVB to merge with Singaporean bank; might be first of many mergers in the Indian banking system The Reserve Bank…
Search Results for: Lakshmi Vilas Bank
The Fall Of Lakshmi Vilas Bank Explained, Why Are Indian Banks Under Fire?
Lakshmi Vilas Bank becomes the fifth financial institution in India to fail. In the last two years, India has seen…
Lakshmi Vilas Bank Under Moratorium For One Month, Withdrawals Restricted At ₹ 25,000 For Depositors
RBI places Lakshmi Vilas Bank under moratorium for a period of one month; Restricted withdrawals at ₹ 25,000 for depositors…
Stakeholders Of Lakshmi Vilas Bank Disapproves Of Seven Board Members During Annual General Meeting, Reserve Bank Of India Intervenes Business Decisions
In a sudden move, the stakeholders of Lakshmi Villas Bank disapproved of seven board members from continuing during the Annual…
Lakshmi Vilas Bank acquires LoI from Clix Capital for 51% stake purchase
On Monday, Lakshmi Vilas Bank (LVB) informed that it had acquired an initial, non-binding letter of intent (LoI) from AION…
The PMC debacle and the rise of the new age banks
The bad loans history of Indian banks goes long back. In recent development, another bank will be rescued due its…
Reliance Industries ousts IOC from top rank to become India’s largest company
Reliance Industries ended state-owned Indian Oil Corporation’s (IOC) 10-year reign as India’s largest company, and topped the Fortune India 500…
SBI under-reported bad loans by 11,932 crore in FY19 : RBI
State Bank of India (SBI) under-reported bad loans by ₹11,932 crore in FY19, a Reserve Bank of India (RBI) risk…
All You Need To Know About Government Exams and Preparing the Right Way
ABOUT GOVERNMENT EXAMS Every year India witnesses millions of young aspirants who appear for Government Exams – Bank & SSC.…
Bangalore based UrDoorStep raises ₹10 Cr
UrDoorStep, Bangalore based online hypermarket has raised ₹10 CR in a bridge round to expand citywide.