Lakshmi Vilas Bank Moratorium
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Trading In Lakshmi Vilas Bank Shares To Be Suspended From Thursday
- Thursday November 26, 2020
- Business | Asian News International
Reserve Bank has said the amalgamation of Lakshmi Vilas Bank with DBS Bank will come into force from November 27 and moratorium imposed on the crisis-ridden lender will be removed on that day.
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www.ndtv.com/business
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Lakshmi Vilas Bank's Financial Crisis Sparks Panic Among Customers
- Thursday November 19, 2020
- India News | Written by J Sam Daniel and Purva Chitnis, Edited by Harish Pullanoor
Mythili Krishnamoorthi is distraught - her family faces a medical emergency and requires a large sum of money. But all her savings are now under a withdrawal moratorium imposed by the Reserve Bank of India (RBI) on Lakshmi Vilas Bank. The Chennai resident is desperate for the banking regulator to approve her plea for exemption to withdraw up to Rs ...
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www.ndtv.com
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Lakshmi Vilas Bank Lent Heavily To Nirav Modi, Jet Airways: Bank Employees Association
- Wednesday November 18, 2020
- Business | Edited by Nikita Prasad
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.
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www.ndtv.com/business
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Lakshmi Vilas Bank Has Enough Liquidity To Pay Its Depositors: RBI-Appointed Administrator
- Wednesday November 18, 2020
- Business | ANI
Lakshmi Vilas Bank has been placed under an order of moratorium on November 17, 2020, which will be effective up to December 16, 2020
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www.ndtv.com/business
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Laxmi Vilas Bank Rescue Gets Underway With Withdrawal Cap, Merger Plan
- Wednesday November 18, 2020
- Business | Edited by Peter Noronha (with inputs from agencies)
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...
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www.ndtv.com/business
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Lakshmi Vilas Bank Hits Lower Circuit After Government Caps Withdrawal Limit
- Wednesday November 18, 2020
- Business | Edited by Peter Noronha
Lakshmi Vilas Bank: The government, on Tuesday, placed the private sector lender under a moratorium and capped withdrawals on recommendation of RBI in view of the bank's deteriorating financial health.
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www.ndtv.com/business
-
Centre Caps Withdrawal From Lakshmi Vilas Bank At Rs 25,000 Till December 16
- Tuesday November 17, 2020
- Business | Edited by Abhishek Vasudev (With inputs from agencies)
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.
-
www.ndtv.com/business
-
Trading In Lakshmi Vilas Bank Shares To Be Suspended From Thursday
- Thursday November 26, 2020
- Business | Asian News International
Reserve Bank has said the amalgamation of Lakshmi Vilas Bank with DBS Bank will come into force from November 27 and moratorium imposed on the crisis-ridden lender will be removed on that day.
-
www.ndtv.com/business
-
Lakshmi Vilas Bank's Financial Crisis Sparks Panic Among Customers
- Thursday November 19, 2020
- India News | Written by J Sam Daniel and Purva Chitnis, Edited by Harish Pullanoor
Mythili Krishnamoorthi is distraught - her family faces a medical emergency and requires a large sum of money. But all her savings are now under a withdrawal moratorium imposed by the Reserve Bank of India (RBI) on Lakshmi Vilas Bank. The Chennai resident is desperate for the banking regulator to approve her plea for exemption to withdraw up to Rs ...
-
www.ndtv.com
-
Lakshmi Vilas Bank Lent Heavily To Nirav Modi, Jet Airways: Bank Employees Association
- Wednesday November 18, 2020
- Business | Edited by Nikita Prasad
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.
-
www.ndtv.com/business
-
Lakshmi Vilas Bank Has Enough Liquidity To Pay Its Depositors: RBI-Appointed Administrator
- Wednesday November 18, 2020
- Business | ANI
Lakshmi Vilas Bank has been placed under an order of moratorium on November 17, 2020, which will be effective up to December 16, 2020
-
www.ndtv.com/business
-
Laxmi Vilas Bank Rescue Gets Underway With Withdrawal Cap, Merger Plan
- Wednesday November 18, 2020
- Business | Edited by Peter Noronha (with inputs from agencies)
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...
-
www.ndtv.com/business
-
Lakshmi Vilas Bank Hits Lower Circuit After Government Caps Withdrawal Limit
- Wednesday November 18, 2020
- Business | Edited by Peter Noronha
Lakshmi Vilas Bank: The government, on Tuesday, placed the private sector lender under a moratorium and capped withdrawals on recommendation of RBI in view of the bank's deteriorating financial health.
-
www.ndtv.com/business
-
Centre Caps Withdrawal From Lakshmi Vilas Bank At Rs 25,000 Till December 16
- Tuesday November 17, 2020
- Business | Edited by Abhishek Vasudev (With inputs from agencies)
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.
-
www.ndtv.com/business