Page 5 - Dbs Bank

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

DBS faces potential culture clash as it takes over Lakshmi Vilas Bank

The plan will accelerate Singapore-based DBS's expansion ambitions in India and potentially transform it from a largely digital bank in the country to one with hundreds of branches

DBS Bank issues maiden green loans in India worth Rs 1,050 cr to CapitaLand

DBS Bank on Wednesday said it has issued its first two green loans in India totalling Rs 1,050 crore to CapitaLand.

Foreign investors pour $538 mn into Indian bonds in Sept, turn net buyers

The inflows in September "could be a sign of foreign capital returning" to India, said Duncan Tan, a strategist at DBS Bank

CLP Wind Farms raises Rs 300 cr through non-convertible debentures

The company said the move will help sustain the expansion of its renewable energy portfolio in alignment with the company's vision to invest in low-carbon footprint businesses

FinCEN files: Major Indian banks figure in suspicious transactions list

Banks say they themselves red-flagged the transactions to RBI, authorities

Indian economy on course for full-year contraction: DBS Bank economist

The government on Saturday said a phased exit would begin on June 1 from the over-two-months-long nationwide lockdown

Covid-19 rate cuts to tug most Asian bond yields even lower: Reuters poll

Stock markets have also plummeted amid fears the global lockdown to contain the virus has tipped the world economy into a recession from which it will take year to recover.

DBS Bank, Bharti AXA join hands for insurance plan covering Covid-19

The plan would cover all medical conditions, including Covid-19, and up to 10 days of hospitalisation, with a cover of Rs 5,000 per day, for a 30-day period

Coronavirus scare: DBS evacuates 300 workers after employee tests positive

The infected employee was tested on Tuesday and the bank was informed of the confirmation on Wednesday morning, the DBS bank said in a statement

DBS Bank India gathers steam with fresh brand campaign

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Top Headlines: India's economic growth to 'weaken', SC Maha verdict Tuesday

From DBS Bank on India's economic growth to Sena-NCP-Congress staking claim in Maharashtra, Business Standard brings you the top headlines of the day

India's economic growth to weaken in second half of FY20, says DBS Bank

New project announcements remain at a multi-year low, while production was depressed by weak consumer durables, non-durables, intermediate and capital goods, the bank pointed out.