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Mumbai HC admits writ petition for compensation to LVB shareholders

By Venkatachari Jagannathan Chennai, Nov 26 : Shareholders of the 94-year-old Lakshmi Vilas Bank (LVB) have started knocking the doors of justice for a...

RBI asks LVB to write down Rs 318.20 crore of Tier 2 bonds

Chennai, Nov 26 : In a sudden turn of events, some hours before the amalgamation of the Lakshmi Vilas Bank (LVB) with DBS Bank...

NSE suspends trading on LVB shares from Thursday

Mumbai, Nov 25 : The National Stock Exchange (NSE) has said that it will suspend trading on the shares of the Lakshmi Vilas Bank...

For CA Manoharan, LVB assignment was the shortest – 9 days

By Venkatachari Jagannathan Chennai, Nov 25 : For 64-year-old chartered accountant, law graduate and Padma Shri awardee T.N. Manoharan, the assignment as the administrator...

Nearly 200 LVB branches were loss-making, 100 unviable: Ex-Director

By Venkatachari Jagannathan Chennai, Nov 24 : The superseded board of the 94-year-old Lakshmi Vilas Bank (LVB) was supposed to meet on November 18...

Questions raised on RBI’s decision to amalgamate LVB with DBS Bank India

By Venkatachari Jagannathan Chennai, Nov 18 : The decision of Reserve Bank of India (RBI) to palm off 94-year-old Karur based Lakshmi Vilas Bank...

RBI’s decision a part surprise: Former LVB Director

By Venkatachari Jagannathan Chennai, Nov 17 : The Reserve Bank of India’s (RBI) decision to propose amalgamation of Lakshmi Vilas Bank (LVB) with DBS...

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