As RBI Vetoes Lakshmi Vilas Bank, Indiabulls Housing Merger, What's Next
India News | Suvashree Ghosh, Bloomberg | Thursday October 10, 2019
Lakshmi Vilas Bank Ltd. said India's central bank rejected its proposal to combine with a shadow lender, a move that may delay its plan to raise capital.
RBI Rejects Indiabulls Housing, Lakshmi Vilas Bank's Proposed Merger
Business | Thomson Reuters | Wednesday October 9, 2019
This comes days after the Reserve Bank of India initiated a so-called "prompt corrective action" on the lender due to high level of bad loans, lack of sufficient capital to manage risks and a negative return on assets for two consecutive years.
Lakshmi Vilas Bank Hits 5% Lower Circuit For Fourth Straight Day
Business | Edited By Abhishek Vasudev | Thursday October 3, 2019
Lakshmi Vilas Bank on Wednesday informed exchanges that its non-executive independent director Supriya Prakash Sen resigned from the bank.
Lakshmi Vilas, Indiabulls Housing To Merge In Share-Swap Deal
Business | Thomson Reuters | Friday April 5, 2019
Lakshmi Vilas Bank had total assets worth Rs 40,429 crore, as of March 31, 2018, while Indiabulls Housing had total assets of Rs 1.32 lakh crore, as on December 31.
As RBI Vetoes Lakshmi Vilas Bank, Indiabulls Housing Merger, What's Next
India News | Suvashree Ghosh, Bloomberg | Thursday October 10, 2019
Lakshmi Vilas Bank Ltd. said India's central bank rejected its proposal to combine with a shadow lender, a move that may delay its plan to raise capital.
RBI Rejects Indiabulls Housing, Lakshmi Vilas Bank's Proposed Merger
Business | Thomson Reuters | Wednesday October 9, 2019
This comes days after the Reserve Bank of India initiated a so-called "prompt corrective action" on the lender due to high level of bad loans, lack of sufficient capital to manage risks and a negative return on assets for two consecutive years.
Lakshmi Vilas Bank Hits 5% Lower Circuit For Fourth Straight Day
Business | Edited By Abhishek Vasudev | Thursday October 3, 2019
Lakshmi Vilas Bank on Wednesday informed exchanges that its non-executive independent director Supriya Prakash Sen resigned from the bank.
Lakshmi Vilas, Indiabulls Housing To Merge In Share-Swap Deal
Business | Thomson Reuters | Friday April 5, 2019
Lakshmi Vilas Bank had total assets worth Rs 40,429 crore, as of March 31, 2018, while Indiabulls Housing had total assets of Rs 1.32 lakh crore, as on December 31.
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