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LAXMI VILAS BANK
Foreign firms being allowed to acquire Indian banks imprudent, poses substantial risks: CongressAs foreign investment in India's banking sector grows, recent acquisitions have caught the attention of many. The Congress party expresses ...- Supreme Court quashes criminal proceedings against DBS Bank, says allowing prosecution will be travesty of justiceThe alleged offence happened before the Lakshmi Vilas Bank (LVB) merged with the wholly-owned subsidiary of Singapore-based DBS Bank in Ind...
- Singapore's DBS says it has completed takeover of distressed Lakshmi Vilas BankSoutheast Asia's largest lender, which will pump in 25 billion rupees ($338 million) into its India unit, until recently had just over 30 b...
- Religare funds scam: Delhi court dismisses bail plea of former Laxmi Vilas Bank Vice PresidentKumar was chargesheeted in the case by the Economic Offences Wing of the Delhi police for allegedly abusing his position and conspiring wit...
- Close to 70 senior bankers in fray for LVB top-postThe recruitment process for Laxmi Vilas Bank's top executives is currently underway as the entity stays headless and grappled by mounting l...
- Indiabulls Housing Finance terms siphoning charges as bizarreA plea was filed in the Supreme Court seeking legal action against IBHFL, its Chairman and directors for alleged mis-appropriation of Rs 98...
- Indiabulls Housing climbs 2% ahead of Q4 numbersThe company may see a difficult fourth quarter, dented by liquidity squeeze in the sector.
- After Market: Maruti snaps winning streak, LVB jumps 5%; Polycab IPO in demandFor the week, Sensex edged up by 189 points or 0.5 per cent and Nifty 42 points, or 0.36 per cent.
- Lakshmi Vilas Bank cuts base rate by 0.25% to 10.70%The rate reduction has been done following the Reserve Bank's surprise 0.50 per cent rate cut at the last policy announcement, the private ...
- No more hiring from private sector for PSB top jobs: Finance MinistryIn a first, the government last week roped in private sector professionals to run two of its largest banks - Bank of Baroda and Canara Bank.
- Maharashtra CM Devendra Fadnavis visits Laxmi Vilas Palace in VadodaraMaharashtra CM Devendra Fadnavis visited the 125-year-old Laxmi Vilas Palace here, the official residence to the royal Gaekwad family of Ba...
- ABG Shipyard allots 6.32 crore CCPS to four lenders under CDR planABG Shipyard today said it has allotted more than six crore compulsorily convertible preference shares (CCPS) to four lenders under its cor...
- Laxmi Vilas Bank ups base rate by 25 bps to 11.25%Private sector Laxmi Vilas Bank (LVB) today increased its minimum rate of lending by 0.25 per cent to 11.25 per cent.
- South Indian Bank, Federal Bank increase deposit ratesDeregulation of interest rates on non resident term deposits has triggered an interest rate war among banks, with small banks like South In...
- A good time to have bank fixed depositsExperts say as of now deposits offer better returns than PPF or post office term deposits.
- 25 paise coins to become history from June 30RBI in a press statement said that those who have these coins can exchange them for their worth at 41 banks across the country.
- Laxmi Vilas Bank reports 200 pc jump in NP in Q3Private sector Lakshmi Vilas Bank (LVB) today reported an over 200 per cent jump on its net profits for the third quarter ending December 3...
- Liquidity turns scarce in money marketLiquidity has once again turned scarce in the inter-bank money market, forcing RBI to play the role of lender. On Tuesday, banks borrowed a...
- LIC sees gains in fee cap, to grow bancassurance alliesLIC expects to grow its bancassurance partners under the new regulatory regime, which compels insurers to reduce commission to distributors.
- LVB Q1 net up over two fold at Rs 12.57crLaxmi Vilas Bank on Friday posted over two fold increase in net profit at Rs 12.57 crore for the quarter ended June 30, from Rs 4.30 crore ...
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