Tue, Dec 08, 2020
Customers of erstwhile Lakshmi Vilas Bank (LVB), now owned by DBS Bank India Ltd, have been asked to continue using their existing accounts and other facilities, while the lender's website and logo now bear the DBS name alongside.
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Fri, Dec 04, 2020
Governor Shaktikanta Das on Friday defended RBI's decisions to write-off bonds and shares of lenders during rescues of Lakshmi Vilas Bank and Yes Bank as legal ones taken in depositors' interest.
Mon, Nov 30, 2020
Lakshmi Vilas Bank bank account interest rate: As LVB has now been amalgamated with DBS Bank India Ltd (DBIL), there was much confusion among account holders and others about the interest rate it would offer on its savings bank account and fixed deposits
Fri, Sep 11, 2020
Stock Market Opening Bell: On account of weak global indicators after the US' Wall Street going weak, Indian indices opened in the green zone but with limited gains in the opening bell today.
Fri, Jul 31, 2020
Stocks in Focus on July 31: Reliance Industries, Shriram Transport Finance, Adani Power, Torrent Pharmaceuticals, Lakshmi Vilas Bank, etc. are expected newsmakers throughout the intraday trade session.
Mon, Jun 22, 2020
South India-based Lakshmi Vilas Bank is likely to have a new promoter as Clix Capital has submitted a Letter of Intent (LoI) for buying a 45 per cent share, Zee Business’ Pooja Tripathi reports. The deal size is estimated to be somewhere between Rs 1400 cr and Rs 1500 cr
Tue, Feb 25, 2020
Lakshmi Vilas Bank on Tuesday launched its latest product offering VISA Signature Card.
Mon, Sep 30, 2019
In a regulatory filing at the BSE, Lakshmi Vilas Bank on Saturday said: "The RBI has initiated PCA on account of high net NPA, insufficient capital to risk assets weighted ratio (CRAR, also known as capital adequacy ratio CAR) and common equity tier-1, negative return on assets for two consecutive years and high leverage."
IRCTC, Lakshmi Vilas bank/Indiabulls Housing Finance, DHFL, Cipla and Reliance Nippon Life AMC/Reliance Capital are the stocks that are expected to remain in focus on September 30.
Sat, Sep 28, 2019
In a major announcement, Lakshmi Vilas Bank on Saturday said the Reserve Bank of India (RBI) had initiated Prompt Corrective Action (PCA) against it on account of its high non-performing assets (NPA) and others.
Tue, Sep 17, 2019
Indiabulls Housing Finance and Lakshmi Vilas Bank merger may stuck, both on the radar of RBI. Watch this video to know more.
Mon, Jul 29, 2019
Sensex, Nifty fails to retain its early morning gains as fresh buying in banking, IT and tech stocks were outperformed by auto, metal, telecom and oteher major Indian stock indices.
Fri, Jun 21, 2019
Lakshmi Vilas Bank stock was trading at upper circuit of Rs 63.50 per piece, up by 9.96%.
Tue, Apr 16, 2019
Lakshmi Vilas Bank (LVB) Monday said it plans to allot nearly 5 per cent equity shares on a preferential basis to Indiabulls Housing Finance Ltd.
Fri, Apr 12, 2019
TCS, Infosys, Lakshmi Vilas Bank, and Jet Airways are some of the stocks which are in focus today.
Mon, Apr 08, 2019
The merger involves share swap ratio of 0.14:1 which would be 14 shares of IBH for every 100 shares of LVB.
Sun, Apr 07, 2019
The companies had said in a filing on Friday that they will merge operations in a share-swap deal.
The Reserve Bank Saturday said it will examine the merger proposal of Lakshmi Vilas Bank and Indiabulls Housing Finance Ltd.
Sat, Apr 06, 2019
Lakshmi Vilas Bank + Indiabulls Merger: Days after Bank of Baroda, Vijaya Bank and Dena Bank became a single entity, another merger is on the cards.
Indian private-sector lender Lakshmi Vilas Bank Ltd will merge operations with housing finance firm Indiabulls Housing Finance Ltd in a share-swap deal, the companies said in a filing on Friday.
Mon, Oct 01, 2018
"We are working on raising anywhere between Rs 1,500 crore and Rs 2,000 crore in fresh equity capital during this fiscal year. While the effort is on to get the money in by December, in any case it should be in before the end of the fiscal year as JP Morgan Chase, which is advising us, is already getting a good response," Mukherjee said.
Fri, Sep 07, 2018
The NDA government has been pushing Indian citizens to link their Aadhaar card for various category of services like PAN, bank account, investments and even for a mobile SIM card.
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