RBI announces draft scheme to amalgamate Lakshmi Vilas Bank with DBIL

Nov 17, 2020

Mumbai (Maharashtra) [India], November 17 : The Reserve Bank of India (RBI) on Tuesday unveiled a draft scheme to amalgamate private sector lender Lakshmi...

Equity indices open in the red, Sensex down by 53 points

Nov 18, 2020

Mumbai (Maharashtra) [India], November 18 : The Indian equity benchmark indices opened in the red on Wednesday morning after the Reserve Bank of India...

Lakshmi Vilas Bank has enough liquidity to pay its depositors: RBI-appointed administrator TN Manoharan

Nov 18, 2020

New Delhi [India], November 18 : Trying to allay fears of Lakshmi Vilas Bank's (LVB) customers Reserve Bank of India (RBI) appointed administrator for...

DBS Bank India migrates to new IFSC and MICR codes of erstwhile Lakshmi Vilas Bank (LVB)

Feb 25, 2022

Mumbai (Maharashtra) [India], February 25 (ANI/PR Newswire): Following the amalgamation with DBIL, the IFSC & MICR codes of all branches of erstwhile LVB have...