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Canara Bank Chairman T N Manoharan

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  • Business

Govt approves merger of Lakshmi Vilas Bank with DBIL

 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......

Lakshmi Vilas Bank placed under moratorium, withdrawals capped at Rs 25,000

 The government on Tuesday placed Lakshmi Vilas Bank under one-month moratorium, superseded its board and capped withdrawals at Rs 25,000 per depositor. The step was taken by the government, on the......

The 5 wise men who will decide corporate loan recast

 Under the watchful eyes of five wise men, who know the industry well, banks will not find it easy to hoodwink the system, says Tamal Bandyopadhyay. IMAGE: Kundapur Vaman Kamath, former ICICI CEO......

How banks in Kerala are helping the flood victims

 All documents and data were safe as there was a Disaster Recovery Centre for every bank Banks in Kerala have decided to reschedule loans and to not levy service charges and fees for issuing new......

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