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Laxmi Vilas Bank

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Why did Lalu Yadav surrender to Nitish Kumar?

If Nitish Kumar along with the Congress presents a combative spirit to take on Narendra Modi, then, Lalu calculated, his Muslim-Yadav combination will weaken if a large chunk of Muslims shifts to......

Dalits took part in 1857 revolt: Study

Even as "Mangal Pandey - The Rising" wittingly or unwittingly kicked up a debate over whether the first war of independence in 1857 was primarily a Brahminical movement, a study by a social......

Alert: BSc in Hotel Administration

BScin Hospitality and Hotel AdministrationThe National Council for Hotel Management and Catering Technology and the Indira Gandhi National Open University, New Delhi, invite applications for......

What does merger with LVB mean for DBS Bank chief Piyush Gupta?

While Gupta, 60, can rightfully bask in the glory he has achieved for his bank in the subcontinent, his peers in foreign banks will have to revisit their India play, especially the local......

Now Laxmi Vilas Bank under RBI scanner for bad loans

The PCA plan covers various suggestions or measures to recover non-performing assets (NPAs), reduce costs, boost capital, downsize risk-weighted assets, and improve profitability, among others. The......

Mallya group company files for insolvency

First case filed after new norms come into force, NCLT admits plea. The National Company Law Tribunal admitted on Wednesday an insolvency petition filed by UB Engineering Ltd, part of the Vijay......

Why Gujarat's 'GIFT' is doomed to fail

GIFT is a financial centre almost entirely devoid of bankers and, indeed, of people, finds Rahul Jacob. Image: Lobby of Tower 1 featured an "Experience Zone" with unmanned stalls featuring......

Govt names private sector bosses to shake up 2 state banks

India has brought in private sector executives to run two of its largest state-owned banks, the first such appointments and part of a bold reform plan aimed at shaking up the country's dominant......

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