DBS Bank India

Lakshmi Vilas Bank becomes DBS India; 94-year old bank part of history now

Many stakeholders including bank unions have raised questions on the manner in which the LVB was merged with subsidiary of a foreign bank, saying that RBI has gifted LVB for free.

published on : 27th November 2020

RBI's swift resolution of Lakshmi Vilas Bank to maintain sector stability: S&P

S&P said this deal is positive for India's banking sector and will bring much-needed relief to LVB, which has been struggling for many years.

published on : 19th November 2020