Lakshmi Vilas Bank Lent Heavily To Nirav Modi, Jet Airways: Bank Employees Association
Business | Nikita Prasad | Wednesday November 18, 2020
The association claims that the heavy loans were known to the RBI as it had its nominee as Director on the Board of the bank.
Lakshmi Vilas Bank Has Enough Liquidity To Pay Its Depositors: RBI-Appointed Administrator
Business | ANI | Wednesday November 18, 2020
Lakshmi Vilas Bank has been placed under an order of moratorium on November 17, 2020, which will be effective up to December 16, 2020
Laxmi Vilas Bank Rescue Gets Underway With Withdrawal Cap, Merger Plan
Business | Edited by Peter Noronha (with inputs from agencies) | Wednesday November 18, 2020
The government initiated the process of rescuing the beleaguered Lakshmi Vilas Bank (LVB) on Tuesday by placing it under a moratorium for one month, and capping withdrawals from its customers' accounts at Rs 25,000 a month. The move to freeze the bank accounts was in view of the Tamil Nadu-based private sector lender's deteriorating financial healt...
Centre Caps Withdrawal From Lakshmi Vilas Bank At Rs 25,000 Till December 16
Business | Edited by Abhishek Vasudev (with inputs from agencies) | Tuesday November 17, 2020
The central government on Tuesday placed the Tamil Nadu-based private sector lender Lakshmi Vilas Bank under moratorium and capped withdrawal at Rs 25,000 for one month.
Lakshmi Vilas Bank Lent Heavily To Nirav Modi, Jet Airways: Bank Employees Association
Business | Nikita Prasad | Wednesday November 18, 2020
The association claims that the heavy loans were known to the RBI as it had its nominee as Director on the Board of the bank.
Lakshmi Vilas Bank Has Enough Liquidity To Pay Its Depositors: RBI-Appointed Administrator
Business | ANI | Wednesday November 18, 2020
Lakshmi Vilas Bank has been placed under an order of moratorium on November 17, 2020, which will be effective up to December 16, 2020
Laxmi Vilas Bank Rescue Gets Underway With Withdrawal Cap, Merger Plan
Business | Edited by Peter Noronha (with inputs from agencies) | Wednesday November 18, 2020
The government initiated the process of rescuing the beleaguered Lakshmi Vilas Bank (LVB) on Tuesday by placing it under a moratorium for one month, and capping withdrawals from its customers' accounts at Rs 25,000 a month. The move to freeze the bank accounts was in view of the Tamil Nadu-based private sector lender's deteriorating financial healt...
Centre Caps Withdrawal From Lakshmi Vilas Bank At Rs 25,000 Till December 16
Business | Edited by Abhishek Vasudev (with inputs from agencies) | Tuesday November 17, 2020
The central government on Tuesday placed the Tamil Nadu-based private sector lender Lakshmi Vilas Bank under moratorium and capped withdrawal at Rs 25,000 for one month.
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