Page 2 - Lakshmi Vilas Bank

Explained: Madras HC order and what's next on LVB-DBS Bank merger

In this podcast, Business Standard's T E Narasimhan explains the implication of the order. Tune in to know more

Madras HC tells DBS Bank to create reserve fund for LVB shareholders

The court also asked DBIL to give an undertaking that the bank would give cash compensation to the shareholders of LVB if it was asked to do so.

LVB now DBS Bank India; Madras HC refuses to grant stay on merger

The Madras High Court has refused to stay the merger of LVB with DBS Bank India.

RBI has set precedence in LVB bond write-off, will hurt other banks: Report

During the Yes Bank rescue earlier this year also, there was an over Rs 7,000-crore bond write-off, but that involved a different instrument called additional tier-I bonds.

Madras HC refuses to stay LVB-DBS Bank merger, adjourns AUM Capital plea

Division bench says merger has already come to operation, Centre and RBI are free to proceed as per the scheme

Small lenders to pay the price as RBI writes off debt of Lakshmi Vilas Bank

The Reserve Bank of India on late Thursday said Rs 3.18 billion of Tier 2 bonds of Lakshmi Vilas Bank Ltd. will be fully written down as DBS Group Holdings Ltd

Bombay HC denies stay on merger of Lakshmi Vilas Bank, DBS Bank India

The merger will be effective from November 27 and all branches of LVB will operate as those of DBIL from the same day.

Lakshmi Vilas Bank's Rs 318.2 cr worth of Tier-II bonds to be written down

The move is part of steps to absorb non-performing assets before LVB's amalgamation with DBS Bank

Bombay HC refuses to stay merger of Lakshmi Vilas Bank, DBS India

The merger is set to be effective from November 27.

Look into RBI's culpability in Lakshmi Vilas Bank's failure: AIBEA

The bank employees' body said the merger of LVB with the Indian subsidiary of a Singapore-based bank is goes against the Centre's 'Aatmanirbhar Bharat' policy.

F&O expiry: Sensex gains 432 pts, settles at 44,260; Nifty ends at 12,987

All that happened in the markets today

Lakshmi Vilas Bank to operate branches as DBS Bank India from Friday

Govt asks RBI to act against those guilty for troubled lender's woes

Govt approves LVB merger with DBS, say will fix blame for lender's failure

The Reserve Bank of India (RBI) took control of LVB on November 15 due to a 'serious deterioration' in its finances and temporarily capped withdrawals

Explained: What justified the delisting of Lakshmi Vilas Bank's shares

At Rs 8 a share, LVB stock price has almost halved since the merger announcement

CPI objects to LVB merger with DBS Bank, asks what's the tearing hurry

Party General Secy D Rajan wants the ailing lender to be merged with a PSU bank instead, says this has been done in many cases in the past

Lakshmi Vilas Bank hits record low; stock tanks 48% in four days

The government has placed the lender under a one-month moratorium and superseded its board

Best of BS Opinion: Sebi's timely move, banking reforms, and more

Here's a selection of Business Standard opinion pieces for the day

Lakshmi Vilas Bank aims to recover Rs 500 crore over the next 4-5 months

The bank's asset quality deteriorated as the gross non-performing assets (NPAs) moved up at 24.45 per cent of the gross advances by the end of Q2 FY21

Three messages from the Lakshmi Vilas Bank deal

It sends a strong signal to promoters and influential investors in the not-so-well-run banks to behave or lose their shirt

Lakshmi Vilas Bank failed and this time India is getting a rescue right

India called upon called upon a foreign institution to take over Lakshmi Vilas Bank's assets and liabilities. That should stoke interest of other global banks