Page 4 - Dbs Bank

RBI, DBS Bank to ask SC to move cases on LVB-DBS merger to one location

Currently petitions challenging the merger were filed in four different high courts in the country

Singapore's DBS to launch digital exchange as virtual currency demand soars

The DBS Digital Exchange will use blockchain technology to provide a platform for fundraising through asset tokenisation and secondary trading of digital assets

Lakshmi Vilas Bank name board gets DBS logo, tagline on new ownership

Ad banner carrying DBS Bank's brand ambassador Sachin Tendulkar to spread awareness

The holding company model for PSBs is an idea whose time has come

The idea of a financial holding company first found favour in the Shyamala Gopinath-led working group's 2011 report and was later fleshed out by the PJ Nayak Committee

Subramanian Swamy asks PM Modi to put LVB merger with DBS on hold

The BJP member also sought to put the LVB-DBS merger on hold in order to facilitate a forensic audit of the takeover of the assets of LVB by DBS.

Explained: Madras HC order and what's next on LVB-DBS Bank merger

In this podcast, Business Standard's T E Narasimhan explains the implication of the order. Tune in to know more

Madras HC tells DBS Bank to create reserve fund for LVB shareholders

The court also asked DBIL to give an undertaking that the bank would give cash compensation to the shareholders of LVB if it was asked to do so.

LVB now DBS Bank India; Madras HC refuses to grant stay on merger

The Madras High Court has refused to stay the merger of LVB with DBS Bank India.

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