Clix Capital

Finance

17 November, 2020

Lakshmi Vilas Bank put under moratorium, to be merged with DBS

Lakshmi Vilas Bank has been put under a moratorium and may be merged with the local unit of Singapore’s DBS ......

Premium

Finance

21 October, 2020

Two more senior execs quit Clix Capital ahead of merger with Lakshmi Vilas Bank

Two senior executives of Clix Capital have moved out just months after chief executive officer (CEO) Bhavesh Gupta quit, two ......

Finance

08 October, 2020

AION Capital-backed Clix makes non-binding offer for Lakshmi Vilas Bank

India's Lakshmi Vilas Bank (LVB) has received a non-binding offer from Clix Group, the private sector lender said on Thursday, ......

Finance

28 September, 2020

RBI names panel to run Lakshmi Vilas Bank after shareholders reject board reappointments

The central bank on Sunday announced a panel that would oversee operations of old private-sector lender Lakshmi Vilas Bank a ......

General

28 August, 2020

Grapevine: Merger proposal for Lakshmi Vilas Bank hits rocks; Sachin Bansal to buy insurer

The proposed majority stake acquisition of cash-starved Lakshmi Vilas Bank by AION Capital-backed SME lender Clix Capital may be called ......

Premium

Finance

08 July, 2020

Clix Capital top exec quits ahead of proposed merger with Lakshmi Vilas Bank

A top executive at Clix Capital, controlled by private equity firm AION Capital, is set to leave the firm even ......

General

03 July, 2020

Grapevine: Clermont Group to join Clix Capital in acquisition of Lakshmi Vilas Bank

Singapore-based private equity player Clermont Group is likely to join AION Capital-backed Clix Capital in the acquisition of capital-starved Lakshmi ......

Finance

15 June, 2020

AION-backed Clix Capital eyes troubled Lakshmi Vilas Bank

Clix Capital, a non-bank lender controlled by private equity firm AION Capital, has shown preliminary interest to acquire cash-starved Lakshmi ......

General

12 June, 2020

Grapevine: Carlyle frontrunner for Piramal pharma stake; NHAI InvIT to take off soon

US-based private equity firm Carlyle has emerged as the frontrunner to pick up a 20% stake in Ajay Piramal’s pharma ......

Premium

Finance

09 March, 2020

ART Housing Finance on the block as beleaguered Yes Bank promoter family starts axing businesses

ART Housing Finance is one of the few businesses owned by Yes Bank promoter’s family to go on the block, ......