Page 3 - Dbs Bank

RBI has set precedence in LVB bond write-off, will hurt other banks: Report

During 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.

Madras HC refuses to stay LVB-DBS Bank merger, adjourns AUM Capital plea

Division bench says merger has already come to operation, Centre and RBI are free to proceed as per the scheme

Bombay HC denies stay on merger of Lakshmi Vilas Bank, DBS Bank India

The merger will be effective from November 27 and all branches of LVB will operate as those of DBIL from the same day.

Lakshmi Vilas Bank to operate branches as DBS Bank India from Friday

Govt asks RBI to act against those guilty for troubled lender's woes

Best of BS Opinion: Sebi's timely move, banking reforms, and more

Here's a selection of Business Standard opinion pieces for the day

Three messages from the Lakshmi Vilas Bank deal

It sends a strong signal to promoters and influential investors in the not-so-well-run banks to behave or lose their shirt

CARE Ratings revises LVB's ratings from 'BB- ' to 'BB-' under credit watch

The development comes after the government imposed a moratorium on LVB after considering an application filed by the RBI

DBS offered to acquire 50% of LVB in 2018, but RBI rejected: Promoter

Apart from Pradeep, there are three other promoter families -- N Ramamritham, N T Shah and S B Prabhakaran -- who collectively own 2 per cent

Lakshmi Vilas shareholders, employees make their plea to RBI about merger

Employees to be retained for three years after a troubled lender's merger with DBS Bank India, say they prefer a state-owned bank.

Lakshmi Vilas Bank resolution: RBI delays final merger scheme to next week

According to the draft scheme, the entire paid-up share capital of LVB will be written off

Lakshmi Vilas Bank shares slump 10 per cent to hit a 52-week-low

Shares of Lakshmi Vilas Bank slumped further and fell 10 per cent to hit a new 52-week low value in early trade on Friday as investor sentiment remained cautious

How is Piyush Gupta to be placed after DBS Bank-Laxmi Vilas Bank deal?

A Delhi boy, educated at St Columba's and St Stephens, Gupta had held senior positions in banking across Asia (India included) before joining DBS Bank as its boss in 2009

Proposed LVB-DBS merger a remarkable job: RBI board member Manish Sabharwal

Sabharwal, who is the chairman and co-founder of TeamLease Services, said the move indicates that the RBI is innovating

Rating agencies upbeat on cash-starved Lakshmi Vilas Bank merger with DBS

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

The crisis at Lakshmi Vilas Bank and how does it impact you? Explained

In this podcast, Business Standard's T E Narasimhan explains how does the crisis at Lakshmi Vilas Bank impact customers, will LVB's shareholders get anything, are jobs in LVB at stake and more

LVB a strategic asset, must not be handed over 'free of cost': Promoter

K R Pradeep, one of the 25 promoters of LVB, said that RBI should revisit the troubled lender's valuation

Merging troubled LVB will boost DBS's retail biz in India: Moody's

The merger will not alter DBS group's credit profile and the effect on its capital will be immaterial

The rescue act

LVB's bailout plan could have come earlier

Clix getting controlling stake after merger with LVB may have hurt deal

AION Capital-backed NBFC rues delays, missed opportunity in failed deal; sources say it was about to revise offer, but the Reserve Bank ran out of patience

LVB shareholders to ask RBI to reconsider stand on merger with DBS

The window to make representations to RBI from all manner of stakeholders ends on November 20