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Religare Finvest

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SC dismisses interim bail plea of Shivinder Singh

The Supreme Court on Wednesday dismissed the plea for interim bail of former Fortis Healthcare promoter Shivinder Mohan Singh who along with others is accused of misappropriating Rs 2,397 crore of......

Lakshmi Vilas Bank comes under Sebi scanner for 'insider trading'

LVB had faced some serious flak in terms of bad loans, earnings and credit rating downgrades, since 2016. Capital markets regulator Securities and Exchange Board of India (Sebi) is examining......

Lakshmi Vilas Bank may decide on proposed meVB

With a potential liability of Rs 750-800 crore, sources say Clix Capital’s stand on the matter would be crucial in finalising the merger valuation. Capital-starved Lakshmi Vilas Bank (LVB)......

Will PNB acquire beleaguered Lakshmi Vilas Bank?

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......

How Lakshmi Vilas Bank eroded its wealth amid controversy and losses

How did a profitable bank founded to serve small businesses in 1926 by a group of businessmen from the Vysya community - a trader caste based in southern and central India - come to this pass? T E......

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