Why is bank union opposing merger of Lakshmi Vilas Bank with DBS Bank? Here's the reason
The proposed amalgamation of the cash-strapped LVB with DBS Bank India seems to be a ploy to provide entry of foreign banks into the country in a big way, All India Bank Officers' Confederation (AIBOC) President Sunil Kumar said.
Nov 18, 2020, 18:05 PM IST
Lakshmi Vilas Bank crisis: This bank will acquire debt-ridden LVB--Here's all you want to know
The RBI placed in the public domain a draft scheme of amalgamation of LVB with DBS Bank India Ltd (DBIL).
Nov 18, 2020, 10:11 AM IST
DBS India reports Rs 275 cr loss on write-offs in FY15
The lender had posted a net profit of Rs 2 crore for the financial year 2014.
Jul 03, 2015, 20:17 PM IST
