Lakshmi Vilas Bank

This 94-year old bank's logo, website bears a new look: Check out details

The physical branches of 94-year-old Bank can also be seen with the tweaked logo and the tagline - 'Now part of DBS Bank India Limited'.

Dec 09, 2020, 10:27 AM IST

Lakshmi Vilas Bank to operate as DBS Bank from today; moratorium ends, all restrictions removed

DBIL is a banking company licenced by RBI and operating in India through wholly owned subsidiary model.

Nov 27, 2020, 11:22 AM IST

Good news for Lakshmi Vilas Bank customers as moratorium ends on this date

The RBI had superseded LVB's board on November 17 after the private sector lender was placed under a moratorium.

Nov 26, 2020, 10:58 AM IST

Cabinet nod for Lakshmi Vilas Bank, DBS Bank India amalgamation; no restrictions on cash withdrawal limit

During the one-month moratorium period of Lakshmi Vilas Bank  the government had capped withdrawals at Rs 25,000 per depositor.

Nov 25, 2020, 16:43 PM IST

Lakshmi Vilas Bank shares slump 20%; hit lower circuit

The shares plunged 19.76 per cent on BSE to hit its lower circuit limit of Rs 9.95.

Nov 19, 2020, 17:07 PM IST

Lakshmi Vilas Bank crisis: Here's why you should not keep more than Rs 5 lakh in one bank

The failures of Indian banks in the recent times has taught us simple reasons as to why, perhaps, it is good to keep only Rs 5 lakh in a bank. 

Nov 19, 2020, 10:04 AM IST

Taal Thok Ke (Special Edition): Why one bank after another 'cheat'?

This is a show named 'Taal Thok Ke', in which we bring you a panel discussion on concurrent issues. In today's episode of 'Taal Thok Ke' we will discuss - Why one bank after another 'cheat'?

Nov 18, 2020, 19:28 PM IST

Lakshmi Vilas Bank crisis: New Administrator assures 20 lakh depositors, says no need to panic

He also said there is sufficient liquidity with the LVB to meet the depositors` needs and the bank is taking care of that.

Nov 18, 2020, 18:25 PM IST

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

RBI puts cap on money withdrawal from Lakshmi Vilas Bank up to 25,000 in a month

Private sector lender Lakshmi Vilas Bank was brought under moratorium on Tuesday (November 17) with immediate effect till December 16, 2020, thereby retaining all action and proceedings against that banking company during this period.

Nov 18, 2020, 16:04 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

Lakshmi Vilas Bank placed under moratorium; withdrawal limit for customers capped

During the month-long moratorium, cash withdrawal limits for Lakshmi Vilas Bank customers have also been capped at Rs 25,000. 

Nov 17, 2020, 20:30 PM IST

Lakshmi Vilas Bank plans Rs 800 crore fund raise via rights issue

The bank said its board of directors has approved the capital raise plan.

Sep 27, 2017, 17:07 PM IST

SBI Card to have more co-branding with other banks

SBI Card, a subsidiary of State Bank of India, would go for co-branding of credit cards with more other banks which do not have big back-office support, an official said.

Jul 07, 2016, 16:00 PM IST

Lakshmi Vilas Bank achieved Rs 42,000 crore business so far: COO

 Lakshmi Vilas Bank has achieved a business of Rs 42,000 crores as of now and would touch the mark of Rs 50,000 cores in next financial year, its top executive said on Friday. 

Mar 12, 2016, 00:30 AM IST

Lakshmi Vilas Bank Q4 net soars 90.5%

For the full fiscal year, net profit soared by 121.7 per cent to Rs 132.28 crore from Rs 59.65 crore registered year ago, the bank said in a BSE filing.

Apr 29, 2015, 16:17 PM IST

Max Life, LVB tie up for distribution of insurance products

Max Life Insurance has tied up with Lakshmi Vilas Bank for distribution of life insurance products through the bank's 400 branches across the country.

Mar 30, 2015, 14:26 PM IST

Ashok Leyland ties up with Lakshmi Vilas Bank for vehicle finance

Hinduja Group flagship Ashok Leyland has tied up with Lakshmi Vilas Bank to provide finance to its commercial vehicle buyers.

Feb 10, 2015, 22:03 PM IST