DBS Bank India enters the big league
With Lakshmi Vilas Bank in its fold, the foreign bank’s branch count jumps over 18 times. But the merger could also open up a potential Pandora's box.
lakshmi vilas bank
November 2020
October 2019
September 2019
June 2019
LVB crisis: Same story, different characters
The 30-day moratorium on Lakshmi Vilas Bank is similar to YES Bank, protecting depositors and employees, but retail shareholders would be worst hit if amalgamation with DBS Bank India goes through.
LVB: Grim reminder of governance problems
The RBI has acted swiftly to tackle the Lakshmi Vilas Bank crisis by proposing a merger with DBS Bank India. But a thorough review of banking supervision may be necessary.
Indiabulls puts on brave face after RBI merger snub
Lakshmi Vilas Bank future uncertain, analysts expect Indiabulls to remain under pressure.
Bears maul Indiabulls on D-Street
Uncertainty over its merger with Lakshmi Vilas Bank and allegations of impropriety against promoters saw Indiabulls Housing Finance stock tank big time.
What’s next for NBFCs after the music has stopped?
There is growing consensus that the current NBFC model has run its course. Will allowing some of them to become banks help?
