LVB writes off bonds worth ₹318 crore ahead of merger with DBS Bank
LVB will lose its identity on November 27 as it amalgamates with DBS Bank India Ltd. A day ahead of ...
Tag: rbi
₹4300 cr. collected as compound interest during moratorium returned, SC notes
The payments were made in compliance of a government payback scheme introduced on October 23 The Supreme Court recorded in ...
Proposal to allow business houses into banking a ‘good-looking’ step in ‘bad direction’: Kaushik Basu
The proposal might lead to crony capitalism and eventual financial instability, says the former chief economist of World Bank The ...
Top news of the day November 26, 2020
The major news headlines of the day, and more. Haryana Police used of tear gas and water canons to disperse ...
Economic recovery stronger than expected, says RBI chief Shaktikanta Das
But there is need to be watchful of demand sustainability post-festivals, he says Reserve Bank of India (RBI) Governor Shaktikanta ...
LVB to become DBS Bank India from Nov 27; ₹25,000 withdrawal restriction to go
All the branches of LVB will function as branches of DBIL with effect from November 27, the RBI said in ...
Left slams RBI proposal to give banking licences to corporates
A retrograde move and it permits loot of people’s savings demolishing the system, they say The Left parties slammed the ...
Congress opposes move to allow corporate houses set up banks
The Congress on Tuesday strongly opposed a proposed move of Reserve Bank of India (RBI) to allow corporate houses to ...
AIBOC moots PSB suitor in place of DBS
‘LVB-DBS merger a ploy to provide entry of foreign banks into the country in a big way’ A day after ...
‘RBI spurned DBS offer to buy 50% of LVB in 2018’
Promoter group may approach SEBI
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