The government on Wednesday approved merger of crisis-ridden Lakshmi Vilas Bank (LVB) with DBS Bank India Ltd (DBIL) and removed restrictions on withdrawal of deposits by depositors. The Union Cabinet ...
The Madras High Court on Friday refused to interfere with the decision taken by the Reserve Bank of India (RBI), and approved by the Centre, in November 2020 to amalgamate Lakshmi Vilas Bank (LVB) ...
DBS Bank India Limited (DBIL), on Friday, said it has received capital infusion of ₹2,500 crore from DBS Bank Limited, Singapore. This would help support the India franchise following the amalgamation ...
The amalgamation of the erstwhile Lakshmi Vilas Bank (LVB) with DBS Bank India Ltd. (DBIL) has ensured stability and better prospects for the former’s depositors, customers and employees following a ...
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