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LVB-DBS Bank India merger approved by Union Cabinet — ‘those who have made mistakes will be punished’

“Customers need not rush to banks to withdraw their money. However, whoever does wish to withdra…

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Lakshmi Vilas Bank is the fifth financial firm to collapse in India within the last 30 months

The downfall of Lakshmi Vilas Bank (LVB) was in the making for over a year, and it’s only the mos…

Prabhjote Gill   


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Reuben brothers from Mumbai are now the 2nd richest billionaires in UK

More people have become billionaires than at any point in British history.

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Clix Capital eyes stake in Lakshmi Vilas Bank

"In the event, the discussions between the contracting parties in relation to the proposed transact…

PTI   


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Lakshmi Vilas Bank is down nearly 5% as concerns over Clix Capital merger deepen

The share price of Lakshmi Vilas Bank is in the red today, plummeting by nearly 5%, which is a furt…

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Nita Ambani set to become a visiting professor at BHU – her competition for the post were Gautam Adani’s wife Priti and Lakshmi Mittal’s wife Usha

Nita Ambani, an entrepreneur and philanthropist and the wife of Asia’s richest man Mukesh Ambani, i…

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Andhra ASHA worker's death following Covid jab triggers protest

A woman public health worker, who had taken Covid vaccine on January 19, died at a government-run h…

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LVB merger: DBS Bank India gets ₹2,500 crore fund infusion from DBS Bank Singapore

DBIL is well-capitalised, and its capital adequacy ratios (CAR) remains above regulatory require…

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Lakshmi Vilas Bank (LVB) is now amalgamated with DBS Bank India – fund infusion of ₹2,500 crore to follow

In a statement on Monday, DBS Bank said that the scheme of amalgamation is under the special pow…

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LVB-DBS India merger: RBI directs Lakshmi Vilas Bank to write off tier-2 bonds worth nearly ₹320 crore

The RBI, vide their letter on Thursday, has advised the need to fully write down the Series VII…

PTI   


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Top stocks to watch — Lakshmi Vilas Bank, Future Consumer, Laurus Labs, Union Bank, Vakrangee, Kesoram Industries, and others

Indian stock-market indices are likely to start on a tepid note today, led by mixed cues from the g…

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Billionaire Lakshmi Mittal was once the world's third richest man but lost $17.5 billion in the last decade

Steel magnate Lakshmi Mittal became the country’s fourth richest person and also the world’s larges…

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Top stock movers — TCS, BPCL, Hero Moto, SpiceJet, Lakshmi Vilas Bank, Tata Steel, M&M, and others

Indian equity benchmark indices were trading flat in early trade on Thursday, tracking losses in in…

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Top stocks to watch — Pfizer, TCS, Wipro, Hero Moto, Lakshmi Vilas Bank, SpiceJet, IndiGo, and others

Indian stock-market indices are likely to open in negative territory on Thursday, on the back of su…

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4 mins read

Banking union head questions why RBI did not consider banks other than DBS India to merge with LVB

The decision of Reserve Bank of India (RBI) to palm off 94-year-old Karur based Lakshmi Vilas Bank …

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Top stock movers — Lakshmi Vilas Bank, Tata Motors, DHFL, Wipro, Mahanagar Gas, IIFL Securities, and others

Indian indices were trading flat on Wednesday after hitting a record high on Tuesday led by the los…

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2 mins read

Top stocks to watch — Lakshmi Vilas Bank, ​Just Dial, DLF, Tata Steel, ONGC, IIFL, IRCTC and others

Indian stock-market indices are likely to open in negative territory on Wednesday, on the back of s…

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Lakshmi Vilas Bank under moratorium— RBI caps maximum deposit or withdrawal at ₹25,000

The Centre issued the moratorium notification under Section 45 (2) of the Banking Regulation Act…

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Billionaire Lakshmi Mittal commits ₹100 cr to PM CARES Fund

London/New Delhi, Mar 31 () NRI billionaire Lakshmi N Mittal on Tuesday announced a contribution of…

PTI   


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Top stock movers — Lakshmi Vilas Bank, Solar Industries, Adani Enterprises, Airtel, Future Group stocks and more

Indian stock market indices Sensex and Nifty turned volatile ahead of the Reserve Bank of India's m…