According to experts, 'Lakshmi' and the logo 'Godesses Lakshmi' have a lot of value in India and are the biggest driver for the Bank. Retaining the Lakshmi name and logo will help DBS. DBS Bank......
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......
PNB has rich experience in the integration of commercial banks. The Reserve Bank of India (RBI) is learnt to have told state-owned Punjab National Bank to get ready to take over Lakshmi Vilas Bank......
'It's a toss-up between a fire sale of equity or merger with a strong bank,' points out Tamal Bandyopadhyay. After the Reserve Bank of India rejected Indiabulls Housing Finance Ltd's plan......
Its obsession for growth, chasing corporate clients and giving up its original mandate of meeting the needs of local trade and businesses. A quarter of its loan book has gone bad.That's an error of......