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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...

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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...

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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)...

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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...

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‘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...

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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...

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