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 of India has recently placed the Lakshmi Villas Bank on…
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LVB to merge with Singaporean bank; might be first of many mergers in the Indian banking system The Reserve Bank of India has recently placed the Lakshmi Villas Bank on…
India might be able to get the latest coronavirus vaccine in their hands early next year. Reports show that they might get the vaccine at January end or early next…
Reserve Bank of India (RBI) panel on Friday recommend providing banking licences to large industrial houses. This would allow the Aditya Birla group, the Tata group and Reliance Industries Ltd…
Oxford Economics claims that India would struggle to take itself out of the grasp of the pandemic and predict that the country would be worst-affected among the world’s major economies…
Lakshmi Vilas Bank becomes the fifth financial institution in India to fail. In the last two years, India has seen the downfall of banks such as IL&FS, DHFL, Yes Bank,…
RBI places Lakshmi Vilas Bank under moratorium for a period of one month; Restricted withdrawals at ₹ 25,000 for depositors The Reserve Bank of India (RBI) on Tuesday has placed…
WPI shows that wholesale price inflated up to 1.48 percent in October; highest since February The wholesale price inflated up to 1.48 percent in October, which marks as highest in…
Ruchi Soya, the edible oil brand owned by Baba Ramdev’s Patanjali Ayurved will launch a follow-on public offer (FPO) next year. According to Baba Ramdev, the FPO will be launched…
Loss in overseas subsidiaries meant that Tata Steel saw their profits go down. However, during the same time, the Indian business of the company improved significantly as the COVID-19 pandemic…
Blessed are those who have a great family to take care of. When it comes to family, you prioritize everything for them – from choosing the best product to spending…