DBS Bank
Finance
Lakshmi Vilas Bank put under moratorium, to be merged with DBS
Lakshmi Vilas Bank has been put under a moratorium and may be merged with the local unit of Singapore’s DBS ......
Finance
How coronavirus pandemic led to shifts in delivering financial services digitally
The coronavirus pandemic has brought about a structural shift in the use of digital features in the banking, financial services...
Finance
HSBC catching up with Citi in battle of MNC banks in India; JPMorgan bulks up
The battle between the top two global banks in India, Citibank and HSBC, has intensified with the British lender closing ......
Finance
IFC leads $550-mn investment round in L&T Finance
International Finance Corporation has led a $550 million (Rs 3,769 crore) investment round in Larsen & Toubro Finance Ltd,...
Consumer
Singapore's DBS Bank wants more out of Patanjali's offer for Ruchi Soya
Singaporean lender DBS Bank has contested the bankruptcy-resolution plan of Rs 4,350 crore offered by Patanjali Ayurved to buy...
Finance
How the pecking order of foreign banks is changing in India
Foreign banks operating in India are in a better position than their domestic peers when it comes to toxic assets ......
TMT
Temasek to invest $250 mn in IT services firm UST Global
Singapore state investment firm Temasek has acquired a minority stake in US-based digital and IT services firm UST Global Inc., ......
General
Stressed assets: Jyoti Structures insolvency on hold; ray of hope for Alok Industries
As Indian banks grapple with nearly $150 billion in bad loans, various branches of the National Company Law Tribunal (NCLT) ......
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