Lakshmi Vilas Bank
Finance
Flashback 2020: RBI gets into rescue mode as banks, non-banks tide over tough year
In early March, three weeks before most of India went into a lockdown to fight the coronavirus pandemic, the Reserve ......
Finance
Flashback 2020: Virus manages to shoo away almost everyone from stressed assets
The distressed assets market was still going through teething problems from the four-year bankruptcy law when the Covid-19 pandemic struck ......
Finance
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
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 ......
Finance
Yes Bank debacle: How healthy are smaller private-sector banks?
The Reserve Bank of India’s takeover of Yes Bank has heightened concerns about the health of other private-sector lenders, especially ......
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
PE deal of the month: Fairfax seals first control transaction in Indian banking
Private equity investments in February 2018 remained almost flat year-on-year with investors infusing $1.3 billion across 75 deals, compared to ......