Tag: Lakshmi Vilas Bank

This 94-year old bank’s logo, website bears a new look: Check out details

New Delhi: Lakshmi Vilas Bank (LVB) which is now owned by DBS Bank India Ltd dons a new look on its website and logo....

‘Report on corps in banking is by a panel, not RBI’s view or decision’ – Times of India

MUMBAI: Despite ignoring high inflation for now, RBI governor Shaktikanta Das was adamant that it remains a top priority. Das added he is continuing...

DBS Bank India gets Rs 2,500 crore capital support from parent for LVB merger – Times of India

NEW DELHI: DBS Bank India Limited (DBIL) on Friday said it has received capital infusion of Rs 2,500 crore from DBS Bank Limited, Singapore...

Lakshmi Vilas Bank customers can access all services; no change in interest rates as of now: DBS – Times of India

NEW DELHI: DBS Bank India on Monday said customers of Lakshmi Vilas Bank (LVB), which has now been merged with it, can continue to...

High court hints at LVB shareholder compensation – Times of India

CHENNAI: Shareholders of Lakshmi Vilas Bank (LVB) drew some consolation on Friday at the Madras high court. The HC refused to stay LVB’s merger...

Lakshmi Vilas Bank to operate as DBS Bank from today; moratorium ends, all restrictions removed

New Delhi: Crisis-hit Lakshmi Vilas Bank (LVB) will merge into the Indian arm of Singapore-based DBS Bank on Friday (November 27), leading to removal of...

HC rejects plea to stay merger of LVB with DBS – Times of India

MUMBAI/CHENNAI: The Bombay high court on Thursday, in an interim order, rejected a plea for a stay sought by shareholders of Lakshmi Vilas Bank...

LVB writes off bonds worth Rs 318 crore ahead of merger with DBS Bank – Times of India

NEW DELHI: A day ahead of its merger with the Indian arm of Singapore-based DBS Bank, the debt-ridden Lakshmi Vilas Bank (LVB) on Thursday...

Good news for Lakshmi Vilas Bank customers as moratorium ends on this date

New Delhi: Crisis-hit Lakshmi Vilas Bank (LVB) will merge into the Indian arm of Singapore-based DBS Bank on Friday (November), and with this there...

Lakshmi Vilas Bank to Operate Branches as DBS Bank India From Friday, Will Restart Withdrawals

New Delhi: Hours after the Central government approved the merger...

Moratorium on Lakshmi Vilas Bank to be lifted on November 27 – Times of India

NEW DELHI: The moratorium imposed on Lakshmi Vilas Bank by the Reserve Bank of India (RBI) will cease to exist from November 27 as...

Cabinet nod for Lakshmi Vilas Bank, DBS Bank India amalgamation; no restrictions on cash withdrawal limit

New Delhi: The Union Cabinet, chaired by the Prime Minister Narendra Modi has given its approval to the Scheme of Amalgamation of Lakshmi Vilas...

LVB DBS Merger: Centre approves merger of Lakshmi Vilas Bank with DBS India | India Business News – Times of India

NEW DELHI: The government on Wednesday approved merger of crisis-ridden Lakshmi Vilas Bank (LVB) with DBS Bank India Ltd (DBIL) and removed restrictions on...

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