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3 mins read
Lakshmi Vilas Bank customers have withdrawn ₹10 crore since RBI's moratorium was announced last night
Customers of Lakshmi Vilas Bank (LVB) have withdrawn ₹10 crore since the Reserve Bank of India (RBI…
2 mins read
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
2 mins read
LVB moratorium: Shareholders may not get anything, key managerial personnel may lose job
The shareholders of the 94-year-old Lakshmi Vilas Bank (LVB) may not be getting anything as per the…
4 mins read
Marketing in the times of COVID-19: DBS Bank
DBS Bank India's Shoma Narayanan shares a few key learnings that she has picked on her way in these…
3 mins read
A 7-year digital transformation for this Singapore bank enabled its survival and success in the world's new normal
Remote banking and 5G-enabled ATMs are the future of banking, according to Singaporean DBS Bank's c…
Business Insider
2 mins read
Banking union head demands that RBI nominees on LVB board should also be held liable
Terming the handing over of the 94-year-old Karur-based Lakshmi Vilas Bank (LVB) to DBS Bank India …
2 mins read
Adani group to prepay USD 130 million debt to boost investor confidence
Billionaire Gautam Adani's group on Tuesday said it will prepay USD 130 million of debt as it looks…
PTI
3 mins read
COVID-19 will create a new generation of zombie companies, followed by a wave of business defaults, a bank CEO says
Piyush Gupta, DBS Bank's group CEO, said:"Many companies will find that COVID-19 isn't just a liqui…
Saloni Sardana
1 min read
DBS Bank logs Rs 111 cr profit in FY20 from India operations
The lender, whose network in India has now increased to 34 branches, reported 24 per cent growth i…
PTI
1 min read
DBS Bank, Bharti AXA join hands for insurance plan covering COVID-19
The plan would cover all medical conditions, including COVID-19, and up to 10 days of hospitalisat…
PTI
3 mins read
Adani Energy Solutions attains financial closure for its $1 bn green loan facility from 9 banks
Adani Energy Solutions Limited (AESL) on Monday announced the financial closure for its $1 billion …
2 mins read
NCLAT rejects DBS Bank's plea challenging distribution of funds from Ruchi Soya resolution plan
New Delhi, Nov 20 () The National Company Law Appellate Tribunal(NCLAT) has dismissed the plea of S…
PTI
2 mins read
Indian economy on course for full-year contraction: DBS
"As the country goes to a post-pandemic situation, among all the priorities we have, health recover…
PTI
3 mins read
Simply Put: Why are foreign banks quitting India?
Meanwhile, companies left behind are trying to put on a brave face by pulling out of retail bu…
2 mins read
Fiscal deficit of Centre and states likely to be at 12 pc of GDP: DBS
Of the Rs 20.9 lakh crore package, as much as Rs 8.1 lakh crore is additional liquidity offered by…
PTI
2 mins read
DBS and Standard Chartered make strides to overhaul their trade finances operations
And there are reportedly 30 consortia globally, such as R3, looking to leverage blockchain for trad…
Lea Nonninger
1 min read
SBI to launch its own version of digital only bank
With this, India’s largest lender will be rubbing shoulders the likes of Europe's M-Bank and Canada…
7 mins read
Yes Bank shares are cheaper than what they were a year ago — and what could revive the investment, if at all
Today, it is at ₹13.55 — nearly half of what it was a year go. This, 14 months after the RBI pla…
2 mins read
5 ways Raghuram Rajan is revolutionising the banking system: The Rajan Effect
To say the least, the near-monopoly enjoyed by the PSBs in the loan market which is 77 per cent, …
2 mins read
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…