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Lakshmi Vilas Bank Latest News

27

Nov, 2020

Lakshmi Vilas Bank writes off bonds worth Rs 318.20 crore

A day ahead of its merger with the Indian arm of Singapore-based DBS Bank, Lakshmi Vilas Bank (LVB) has written off bonds worth Rs 318.20 crore as per the existing provisions. As per the effective date of merger not...

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26

Nov, 2020

Padmashree Inc offloads shares of Lakshmi Vilas Bank

Padmashree Inc has offloaded shares worth over Rs 1.39 crore in Lakshmi Vilas Bank through an open market transaction. As per bulk deal data on BSE, Padmashree sold 20 lakh scrips of the private sector lender at an ...

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26

Nov, 2020

Lakshmi Vilas Bank to become DBS Bank India from November 27

Lakshmi Vilas Bank (LVB) is going to merge into the Indian arm of Singapore-based DBS Bank on November 27, leading to removal of all restrictions, including withdrawal cap of Rs 25,000, which the RBI had placed on the lender ea...

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25

Nov, 2020

Government approves merger of Lakshmi Vilas Bank with DBIL

The government has approved merger of Lakshmi Vilas Bank (LVB) with DBS Bank India (DBIL) and removed restrictions on withdrawal of deposits by depositors. Those responsible for deteriorating financial health of the LVB would b...

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25

Nov, 2020

Lakshmi Vilas Bank touches roof on the bourses

The Lakshmi Vilas Bank is currently trading at its upper circuit limit of Rs. 7.65, up by 0.35 points or 4.79% from its previous closing of Rs. 7.30 on the BSE.

The scrip opened at ...

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21

Nov, 2020

CARE revises Lakshmi Vilas Bank’s bond rating

Credit rating agency -- CARE has revised the rating of Lakshmi Vilas Bank’s (LVB) Unsecured Redeemable Non Convertible Subordinated Lower Tier II Bonds to BB- from BB- negative (Double B Minus; Outlook ; Negative) and Pro...

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19

Nov, 2020

Capri Global Holdings sells shares worth over Rs 2.5 crore of Lakshmi Vilas Bank

Capri Global Holdings has sold more than 20 lakh shares of Lakshmi Vilas Bank through an open market transaction. According to the bulk deal data available on the BSE, Capri Global Holdings offloaded a total of 20,5...

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18

Nov, 2020

RBI unveils draft scheme to amalgamate Lakshmi Vilas Bank with DBS Bank India

The Reserve Bank of India (RBI) has unveiled a draft scheme to amalgamate private sector lender Lakshmi Vilas Bank (LVB) with DBS Bank India (DBIL). The decision followed soon after the RBI imposed a one-month morat...

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18

Nov, 2020

Lakshmi Vilas Bank hits rock bottom as Govt places it under one month moratorium

The Lakshmi Vilas Bank is currently trading at its lower circuit limit of Rs. 12.40, down by 3.10 points or 20.00% from its previous closing of Rs. 15.50 on the BSE.

The scrip opene...

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18

Nov, 2020

Govt places Lakshmi Vilas Bank under one month moratorium

The government has placed Lakshmi Vilas Bank under a one-month moratorium, superseded its board and capped withdrawals at Rs 25,000 per depositor. The step was taken by the government, on the advice of the Reserve B...

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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