Lakshmi Vilas Bank
Finance
RBI blocks merger of Lakshmi Vilas Bank with Indiabulls Housing
Indian lender Lakshmi Vilas Bank Ltd (LVB) said on Wednesday the central bank had not approved its merger with Indiabulls ......
Finance
RBI imposes curbs on Lakshmi Vilas Bank amid police probe
India’s central bank issued a regulatory action on Lakshmi Vilas Bank, the lender said in a statement on Saturday, at ......
Markets
Sensex rises this week on govt move to cut corporate taxes
Indian shares closed lower on Friday, pressured by auto and metal stocks, as investors hoped for more stimulus to revive ......
Finance
Police probes Lakshmi Vilas Bank directors for alleged fraud
Indian police have opened a probe into the directors of Lakshmi Vilas Bank after a customer accused them of misappropriating ......
Finance
Lakshmi Vilas Bank CEO quits ahead of merger with Indiabulls Housing
Lakshmi Vilas Bank’s chief executive officer and managing director Parthasarathi Mukherjee has resigned citing personal reasons. “Parthasarathi Mukherjee has submitted his ......
Finance
Insurance in focus as dealmaking perks up in financial services sector in April-June
India’s banking, financial services and insurance (BFSI) sector recorded two big mergers in the last two quarters that jacked up ......
Finance
Lakshmi Vilas Bank to merge with Indiabulls Housing Finance
Private-sector lender Lakshmi Vilas Bank’s board on Friday approved a merger with mortgage lender Indiabulls Housing Finance Ltd in the ......
General
Five PE firms eye stake in Lakshmi Vilas Bank; Hero Future in talks to raise funds
Private equity firms Blackstone, Bain Capital, TPG Capital, Baring Private Equity Asia and Gaja Capital have made offers to pick ......
General
Baring PE Asia joins race for stake in Lakshmi Vilas Bank; PE firms chase Ess Kay
Hong Kong-based alternative asset management firm Baring Private Equity Asia is in talks to pick up at least a 26% ......
General
Advent to pick up majority stake in Manjushree; Bandhan may buy into PNB Housing
US-based private equity firm Advent International is set to acquire a majority stake in India’s largest PET maker, Manjushree Technopack, ......
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