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Lakshmi Vilas Bank

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Flashback 2020: RBI gets into rescue mode as banks, non-banks tide over tough year

Finance

29 December, 2020

Flashback 2020: RBI gets into rescue mode as banks, non-banks tide over tough year

In early March, three weeks before most of India went into a lockdown to fight the coronavirus pandemic, the Reserve ......

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Flashback 2020: Virus manages to shoo away almost everyone from stressed assets

Finance

23 December, 2020

Flashback 2020: Virus manages to shoo away almost everyone from stressed assets

The distressed assets market was still going through teething problems from the four-year bankruptcy law when the Covid-19 pandemic struck ......

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Two more senior execs quit Clix Capital ahead of merger with Lakshmi Vilas Bank

Finance

21 October, 2020

Two more senior execs quit Clix Capital ahead of merger with Lakshmi Vilas Bank

Two senior executives of Clix Capital have moved out just months after chief executive officer (CEO) Bhavesh Gupta quit, two ......

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Clix Capital top exec quits ahead of proposed merger with Lakshmi Vilas Bank

Finance

08 July, 2020

Clix Capital top exec quits ahead of proposed merger with Lakshmi Vilas Bank

A top executive at Clix Capital, controlled by private equity firm AION Capital, is set to leave the firm even ......

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Yes Bank debacle: How healthy are smaller private-sector banks?

Finance

13 March, 2020

Yes Bank debacle: How healthy are smaller private-sector banks?

The Reserve Bank of India’s takeover of Yes Bank has heightened concerns about the health of other private-sector lenders, especially ......

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Insurance in focus as dealmaking perks up in financial services sector in April-June

Finance

01 August, 2019

Insurance in focus as dealmaking perks up in financial services sector in April-June

India’s banking, financial services and insurance (BFSI) sector recorded two big mergers in the last two quarters that jacked up ......

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PE deal of the month: Fairfax seals first control transaction in Indian banking

Finance

28 February, 2018

PE deal of the month: Fairfax seals first control transaction in Indian banking

Private equity investments in February 2018 remained almost flat year-on-year with investors infusing $1.3 billion across 75 deals, compared to ......