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 Cabinet has approved the merger of the LVB with DBS Bank India Limited, Union Minister Prakash Javadekar told reporters, adding the decision will provide comfort to 20 lakh depositors and protect the services of 4,000 employees.
Voting for the Delhi Assembly elections began on Wednesday, with prominent leaders like President Droupadi Murmu, Union ministers S Jaishankar and Hardeep Singh Puri, Congress leader Rahul Gandhi, and Delhi Chief Minister Atishi casting their ballots early in the day. Other notable figures who participated in the electoral process included Lieutenant Governor V K Saxena, Chief Election Commissioner Rajiv Kumar, AAP leader and former Delhi deputy chief minister Manish Sisodia, Delhi BJP president Virendra Sachdeva, Delhi Police Commissioner Sanjay Arora, and Delhi Chief Electoral Officer R Alice Vaz. The election is a triangular contest between the ruling AAP, BJP, and Congress, with the AAP aiming for a third consecutive term. Polling is underway at 13,766 stations across Delhi's 70 assembly constituencies to decide the fate of 699 candidates. The results will be announced on February 8.
The government on Tuesday placed Lakshmi Vilas Bank under one-month moratorium, superseded its board and capped withdrawals at Rs 25,000 per depositor.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 advice of the Reserve Bank, in view of the declining financial health of the private sector lender. In a statement, the RBI said in the absence of a credible revival plan, with a view to protect depositors' interest and in the interest of financial and banking stability, there was no alternative but to apply to the central government for imposing a moratorium under Section 45 of the Banking Regulation Act, 1949.
Take a look at how celebs celebrated #NationalBikiniDay.
Bollywood is celebrating Daughter's Day with beautiful pictures on social media.
This celebratory colour is the perfect pick for adding that spark to your festive wardrobe.
The Top Chef host, who turned 48, seems to be getting hotter with age.
Maa Durga's devotees hold one or more dhunuchis in their hands -- and even in their mouths -as they dance to the dhaak (drums) and venerate the Goddess who has come to visit them.
This contemporary, ocean-inspired look has become a cultural movement in 2024.
'Not just women, but even men are judged by the colour of their skin and have to fight prejudice every day.'
Nimrat's must-read trekking pointers... Urmila's gyaan... Vikrant's looking dandy...
Two-year-old Lakshmi Tatma uses a baby walker at her home in a village on the outskirts of Jodhpur, Rajasthan. Lakshmi, who was born with four arms and four legs, has recovered remarkably after her extra limbs were removed through a 27-hour long surgery in Bangalore last November.
Two days after separating two-year-old girl Lakshmi from her parasitic conjoined twin in a complex surgery, doctors on Friday took her off from ventilator, achieving yet another milestone in her path to recovery.
The actor's saucy pic has gone viral.
Prime Minister Narendra Modi said on Friday that there have been no attempts from abroad to stoke trouble in India ahead of the Parliament's Budget session, which begins on Saturday. Modi's statement comes as his government prepares to present its first full-fledged budget in its third term. He expressed confidence that the Budget session will infuse new confidence and energy in attaining the goal of 'Viksit Bharat' by 2047, and said his government has been working in a mission mode for an all-round development.
Lakshmi Venu, granddaughter of T S Srinivasan (TVS) and A Sivasailam (The Amalgamations Group), is managing director of Sundaram Clayton Limited (SCL) and director of TAFE Motors and Tractors Limited (TMTL).
We bet it's not why you imagine.
Jr NTR-Lakshmi Pranathi-Rishab Shetty-Pragathi at a temple...Priyanka attends another wedding... Manushi takes back a souvenir...
A proposal by the Mysuru City Corporation (MCC) to rename a stretch of road in the city after Karnataka Chief Minister Siddaramaiah has sparked strong objections from the opposition JD(S) and citizens. The proposal, which calls for naming a stretch of KRS Road as 'Siddaramaiah Arogya Marga', has been met with criticism, with the JD(S) calling it a "betrayal and insult" to the city's history and the state. The proposal has also drawn ire from RTI activist Snehamayi Krishna, who alleges that the road holds historical significance and that Siddaramaiah is an accused in the MUDA site allotment case. Citizens have also voiced their objections to the proposal, and Krishna has announced her intention to challenge it legally.
Where we bring you the best of celebrity foodgasm moments.
The model-turned-chef has been challenging the rules of fashion.
Saiyami gets sporty... Pooja goes trekking... Madhur meets Priyanka...
It is only after the government's nod that a particular design change come into effect.
They invite Modi for Manoj Manchu's wedding, which takes place on May 20.
The founder of FIITJEE and 11 others have been booked after several of the coaching institute's centres in Delhi-NCR abruptly shut down, leaving students and parents in the lurch. FIITJEE has blamed the closures on "mismanagement and desertion" by managing partners, while students and parents allege non-payment of salaries and fraudulent practices. The institute claims it is pursuing legal action against competitors for alleged poaching of its faculty.
Shambhu Tamti made a clay idol of Lakshmi Tatma after hundreds of people started thronging the village to get a glimpse of Lakshmi Tatma in her absence.
'Had anyone asked me if I was Aamir Khan, I would have admitted to it.' Senior movie journalist Roshmila Bhattacharya flips through the pages of her many interactions with Aamir Khan, who turned 60 on March 14.
A week after undergoing a risky surgery, two-year-old Lakshmi is showing all signs of a recovery and is responding well to treatment.
The 51-year-old , who first officiated as a match referee in domestic women's cricket in 2008-09, will be eligible to referee international games with immediate effect.
This Women's Day Week, we pay tribute to the extraordinary courage, resilience, and leadership of three iconic Indian queens -- Rani Lakshmibai of Jhansi, Rani Chennamma of Kittur, and Maharani Ahilyabai Holkar of Malwa.
Sehgal(97), who was ill for some time, suffered a heart attack this morning at her residence in Civil Lines area in Kanpur, Sehgal's daughter Subhashini Ali told media persons.
A group of people set fire to an ISKCON temple in Dhaka district in Bangladesh in the early hours of Saturday.
A day after six persons died in the Tirupati stampede, the Andhra Pradesh government on Thursday announced a judicial inquiry into the incident that seems to have been the result of a policeman's innocuous act of opening the gate with the intention of aiding a sick woman.
Padma Lakshmi is sexy as hell in a flattering bright pink bikini.
The model turned author has never shied away from talking about her daily struggles.
Get your lowdown on what's going on in the world of Telugu cinema, right here!
Padma, Jessica Alba and Alicia Keys are asking Americans to save their pennies to save a child's life.
Up close with Rashmika... Sanjana is New York... Disha chills in Thailand...
When you come out of the theatre, you will be plagued by the knowledge we, as a society, are enabling the evil exists in this world.
