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CPI opposes banking licence to industrial/business houses

Chennai, Nov 24, 2020 - The Communist Party of India (CPI) on Tuesday opposed the recommendations of Reserve Bank of India's (RBI) working group to...

Bank licences to corporates a ‘bad idea: Raghuram Rajan

New Delhi, Nov 23, 2020- Days after an Internal Working Group (IWG) of Reserve Bank of India's (RBI) recommended allowing large Indian corporates to enter...

What’s the hurry for RBI to hand over LVB to DBS India: CPI’s Raja

Chennai, Nov 23, 2020- A week after the Reserve Bank of India (RBI) decided to palm off the 94-year-old Tamil Nadu-based Lakshmi Vilas Bank (LVB)...

RBI panel’s suggestion ‘rightfully’ puts greater onus on promoters: Ashok Hinduja

Mumbai, Nov 22, 2020- Applauding the recommendation of the Reserve Bank of India (RBI) to increase the shareholding of bank's promoters in the bank, Ashok...

‘Lakshmi Vilas Bank-DBS Bank India amalgamation fishy scheme’

Chennai, Nov 21, 2020- Concerned citizens, shareholders and a major union in the banking sector are of the view that the Reserve Bank of India...

DBS Bank was ready to pay Rs 100/share for LVB in 2018, RBI offers it free: LVB Promoter

Chennai, Nov 20, 2020- Advocating a proper valuation of the Lakshmi Vilas Bank (LVB), one of its promoters said that Singapore-based DBS Bank was willing...

RBI imposes penalty on Muthoot Finance, Manappuram Finance

Mumbai, Nov 19, 2020 - The Reserve Bank of India (RBI) on Thursday imposed penalties of Rs 10 lakh and Rs 5 lakh on Muthoot...

Questions raised on RBI’s decision to amalgamate Lakshmi Vilas Bank with DBS Bank India

Chennai, Nov 18, 2020- The decision of Reserve Bank of India (RBI) to palm off 94-year-old Karur based Lakshmi Vilas Bank (LVB) to DBS Bank...

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