Business & FinanceUnion Cabinet Approves Laxmi Vilas Bank Merger With DBS BankTestHostEntryNovember 25, 2020June 3, 2022 by TestHostEntryNovember 25, 2020June 3, 2022 Lakshmi Vilas Bank was running in losses for the last three years. This is the first time that the help of a foreign bank is...
Business Tit-Bits ShowsBusiness Tit-Bits: ILFS, PMC, YES BANK, DHFL, LVB…Akhilesh BhargavaNovember 19, 2020June 7, 2022 by Akhilesh BhargavaNovember 19, 2020June 7, 2022 Recently, the RBI announced the merger of DBS India and Laxmi Vilas Bank after putting the bank on moratorium. It restricted the withdrawal limit till...
Business Tit-BitsBusiness Tit-Bits: Why Did the RBI refuse?Akhilesh BhargavaOctober 11, 2019June 7, 2022 by Akhilesh BhargavaOctober 11, 2019June 7, 2022 RBI did not consider India Bulls Housing to be a worthy partner to Laxmi Vilas Bank and nor did it consider Samir Gehlaut and Gagan...