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LVB to become DBS Bank India from Nov 27; Rs 25,000 withdrawal restriction to go

Crisis-hit Lakshmi Vilas Bank (LVB) will merge into the Indian arm of Singapore-based DBS Bank on Friday, leading to removal of all restrictions, including withdrawal cap of Rs 25,000, which the......

A 94-year old bank is part of history now; Lakshmi Vilas Bank becomes DBS India

Tamil Nadu-based Lakshmi Vilas Bank (LVB) with pre-independence lineage on Friday lost its identity after its merger with the Indian subsidiary of Singapore's DBS Bank. The debt-ridden 94-year old......

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......

'What expertise does DBS have to run an Indian bank?'

'On the evening of the 17th, the RBI said the bank was put on moratorium.' 'Within an hour, the RBI said it would be merged with DBS.' 'How did DBS come to know within an hour that LVB was in......

Is foreign exchange rate stability desirable? Not really

The recent depreciation of the rupee along with sharp fall in the country’s foreign exchange (FX) reserves has sparked a debate whether stability of the exchange rate is necessary and......

Dbs Bank India Limited

News for Dbs Bank India Limited

LVB to become DBS Bank India from Nov 27; Rs 25,000 withdrawal restriction to go

A 94-year old bank is part of history now; Lakshmi Vilas Bank becomes DBS India

Govt approves merger of Lakshmi Vilas Bank with DBIL

'What expertise does DBS have to run an Indian bank?'

Is foreign exchange rate stability desirable? Not really

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