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Lakshmi Vilas Bank shortlists three candidates for MD & CEO post — will send names to RBI in a week
The lender's chief executive S Sundar and six other directors were voted out by shareholders earlie…
PTI
RBI approves panel of three independent directors to run Lakshmi Vilas Bank
The Reserve Bank of India has approved that the day-to-day affairs of Lakshmi Vilas Bank will be ru…
Lakshmi Vilas Bank customers have withdrawn ₹10 crore since RBI's moratorium was announced last night
Customers of Lakshmi Vilas Bank (LVB) have withdrawn ₹10 crore since the Reserve Bank of India (RBI…
Lakshmi Vilas Bank appoints B K Manjunath as non-exec, independent director
The bank's board of directors at its meeting on Wednesday co-opted B K Manjunath as additional dire…
PTI
Lakshmi Vilas Bank gets downgraded by CARE ratings to 'negative outlook'
In a regulatory filing, the LVB said CARE has downgraded its ratings of the Rs 50.50 crore unsec…
Troubled Lakshmi Vilas Bank receives indicative non-binding offer from Clix Group
In a regulatory filing, the LVB said it has received an indicative non-binding offer from Clix…
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…
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…
Clix Capital eyes stake in Lakshmi Vilas Bank
"In the event, the discussions between the contracting parties in relation to the proposed transact…
PTI
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…
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
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…
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…
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…
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…
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…
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 …
After Lakshmi Vilas Bank, Dhanlaxmi Bank CEO Sunil Gurbaxani voted out by shareholders
The shareholders of Kerala-based small private sector Dhanlaxmi Bank on Wednesday voted out Managin…
Top stock movers — RIL, Future Group companies, VA Tech Wabag, PNB, HDFC, and more
Indian stock market indices, Sensex and Nifty turned choppy on Wednesday after trading in green ter…
Lakshmi Vilas Bank shares plummet as RBI stalls Indiabulls Housing merger
Both LVB as well as IBHF informed the bourses late Wednesday evening about the RBI decision, b…