Banking
RBI to merge Lakshmi Vilas Bank with DBS
After recurring losses for three years, RBI imposed moratorium for a period of 30 days on LVB. Withdrawals are restricted…
Banking
Banking
Banking
Shareholders to get nothing in LVB and DBS Bank merger
The LVB (Lakshmi Vilas Bank) shareholders will be left with nothing after this merger goes through. Once it’s official, their…
Banking
Canara Bank revises rates for Fixed Deposits (FD)
New interest rate from Canara Bank are applicable from 16th November. For deposits that are below Rs. 2 crore and…
Banking
Q2 Results: State-owned Indian Overseas Bank reports net profit of Rs 148 crore
Public lender Indian Overseas Bank (IOB) registered a net profit of Rs 148 crore for the second quarter of current fiscal…
Banking
Punjab National Bank’s Q2 net profit rises 22% to Rs 621 crore
State-owned Punjab National Bank reported a 22 per cent jump in net profit to nearly Rs 621 crore for the…
Banking
Yes Bank likely to sell its NPA portfolio worth Rs 32,344 crore
In a bid to regain its lost place in the banking industry, Yes Bank is likely to sell its non-performing…