Lakshmi Vilas Bank Ltd.(Amalgmated) News and Updates

Keep track of all breaking news on Lakshmi Vilas Bank Ltd.(Amalgmated) from all sources in a single place.

Lakshmi Vilas Bank Ltd.(Amalgmated)

02 Jul 2023

What's next for DBS after acquiring Lakshmi Vilas Bank?

Business Line

DBS Bank India is now positioned to compete with domestic private sector banks

Lakshmi Vilas Bank Ltd.(Amalgmated)

28 Dec 2022

LVB integration complete; DBS now looks for growth'

livemint

In an interview, Shome clarified that it would take another 18 months for the bank to shed the impact of the amalgamation on profitability.

Post-LVB integration, DBS aiming to treble growth in 5 years: MD & CEO

Business Standard | 28 Dec 2022

Lakshmi Vilas Bank Ltd.(Amalgmated)

15 Jul 2021

Consumer, SME loans to be focus after merger with LVB'

livemint

Given we are in a turnaround story, there will be requirements of capital & that's factored into our plan over the next several quarters, says DBS India head Surojit Shome

Lakshmi Vilas Bank Ltd.(Amalgmated)

08 Jul 2021

DBS India reports higher FY21 profit, NPAs surge

livemint

Following the merger with Lakshmi Vilas Bank, DBS India saw deterioration in asset quality with gross NPA rising to 12.93%.

DBS Bank India FY21 nearly triples to Rs 312 cr, revenue up 85%

Business Standard | 08 Jul 2021 1 more

Lakshmi Vilas Bank Ltd.(Amalgmated)

21 Feb 2021

How to revive PMC Bank

Business Standard

Mired in corruption, politics and with a history of suicides by its hapless depositors, PMC Bank's revival is a challenge very different from Yes Bank and LVB, both for the regulator and the rescuer

Lakshmi Vilas Bank Ltd.(Amalgmated)

20 Feb 2021

DBS faces lawsuits in India post-takeover of Lakshmi Vilas Bank

Economic Times

Holders of Lakshmi Vilas Bank Ltd.'s equity shares and Tier-II bonds that were written off before the effective date of amalgamation took legal actions against DBS's local unit in various high courts in India.