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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…

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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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Lakshmi Vilas Bank customers have withdrawn ₹10 crore since RBI's moratorium was announced last night

Customers of Lakshmi Vilas Bank (LVB) have withdrawn ₹10 crore since the Reserve Bank of India (RBI…

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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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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 …

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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…

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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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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…

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Lakshmi Vilas Bank promoter believes the RBI should've called for bids from interested parties other than DBS Bank for merger

Advocating proper valuation of Lakshmi Vilas Bank (LVB), its promoter has said that Singapore-based…

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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…

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Top stocks to watch — SBI, HDFC Bank, ICICI Bank, Future Retail, Adani Enterprises, Vedanta, Lakshmi Vilas Bank, Solar Industries, and others

Amidst positive cues from the global markets, the Indian stock market is likely to open in green. I…

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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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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…

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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…

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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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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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Top stocks to watch — Hero Moto, RIL, Bharti Airtel, Future Enterprises, Wipro, Jubilant FoodWorks, and others

Indian stock-market indices are likely to start lower on Thursday, led by negative cues from the gl…

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Top stocks to watch — ITC, Biocon, Tata Consumer, Cipla, Divi’s Labs, Voltas, IndiaMART, Equitas SFB, and others

Indian stock-market indices are likely to open in green on Monday, on the back of positive cues fro…