Kumar was chargesheeted in the case by the Economic Offences Wing of the Delhi police for allegedly abusing his position and conspiring wit...

The recruitment process for Laxmi Vilas Bank's top executives is currently underway as the entity stays headless and grappled by mounting l...

A plea was filed in the Supreme Court seeking legal action against IBHFL, its Chairman and directors for alleged mis-appropriation of Rs 98...

The company may see a difficult fourth quarter, dented by liquidity squeeze in the sector.

For the week, Sensex edged up by 189 points or 0.5 per cent and Nifty 42 points, or 0.36 per cent.

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 ...

In 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 visited the 125-year-old Laxmi Vilas Palace here, the official residence to the royal Gaekwad family of Ba...

ABG Shipyard today said it has allotted more than six crore compulsorily convertible preference shares (CCPS) to four lenders under its cor...

Private sector Laxmi Vilas Bank (LVB) today increased its minimum rate of lending by 0.25 per cent to 11.25 per cent.

Deregulation of interest rates on non resident term deposits has triggered an interest rate war among banks, with small banks like South In...

Experts say as of now deposits offer better returns than PPF or post office term deposits.

RBI in a press statement said that those who have these coins can exchange them for their worth at 41 banks across the country.

Private 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 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 expects to grow its bancassurance partners under the new regulatory regime, which compels insurers to reduce commission to distributors.

Laxmi 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 ...