 | Plea in Delhi High Court challenges Lakshmi Vilas Bank-DBS mergerThe plea is contending that its shareholders have been 'left in the lurch' and the Centre and the Reserve Bank have failed to protect their interests. |
 | DBS Bank served notice in Religare deposit fraud caseReligare has also sought that the court pass an order allowing substitution of DBS Bank India Limited as defendant in the present suit in place of Lakshmi Vilas Bank. |
 | Lakshmi Vilas Bank customers can access all services; no change in interest rates as of now: DBSThe amalgamation provides stability and better prospects to LVB's depositors, customers and employees following a period of uncertainty. |
 | Lakshmi Vilas Bank becomes DBS India; 94-year old bank part of history nowMany 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. |
 | RBI has set precedence in LVB bond write-off, will hurt other banks: ReportDuring the Yes Bank rescue earlier this year also, there was an over Rs 7,000-crore bond write-off, but that involved a different instrument called additional tier-I bonds. |
| RBI's culpability in Lakshmi Vilas Bank's failure needs to be looked into: AIBEAThe 94-year-old Lakshmi Vilas Bank (LVB) was profitable for 90 years and that the bank has been incurring losses for the past three years only, the association said. |
 | Lakshmi Vilas Bank-DBS Bank merger effective from November 27: RBIDepositors of Lakshmi Vilas Bank will be able to operate their accounts as customers of DBS Bank India with effect from Friday. |
 | Government approves merger of Lakshmi Vilas Bank with DBS Bank IndiaUnion Minister Prakash Javadekar said that those responsible for deteriorating financial health of the LVB would be penalised. |
 | Lakshmi Vilas Bank stock tanks over 55 per cent in 7 trading sessionsThe step was taken on the advice of the Reserve Bank of India, in view of the declining financial health of the private sector lender. |
| Lakshmi Vilas Bank stock tanks over 53 per cent in 6 daysLVB is the third bank to be placed under moratorium since September last year after the cooperative bank PMC in 2019 and private sector lender Yes Bank this March. |
 | Investors continue to dump Lakshmi Vilas Bank shares; stock tanks over 48 per cent in 5 daysThe step was taken by the government, on the advice of the Reserve Bank of India, in view of the declining financial health of the private sector lender. |
 | Clearing the air about crisis-hit Lakshmi Vilas Bank ahead of its merger with DBSLast week the Reserve Bank of India announced that the cash-strapped Lakshmi Vilas Bank will be merged with DBS Bank and will remain under moratorium till December 16. |
 | Swift Lakshmi Vilas Bank resolution a reminder for govt to empower RBISuch a swift resolution protects the interests of depositors and employees, helps maintain financial stability and prevents chaos. |
| Lakshmi Vilas Bank shares slump further, hit 52-week low valueOn Tuesday, the government placed Lakshmi Vilas Bank under a one-month moratorium, superseded its board and capped withdrawals at Rs 25,000 per depositor. |
 | RBI's swift resolution of Lakshmi Vilas Bank to maintain sector stability: S&PS&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. |
