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Lakshmi Vilas Bank put under moratorium, to be merged with DBS

Finance

17 November, 2020

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 ......

Fraud-hit PMC Bank reaches out to major lenders for merger

Finance

16 September, 2020

Fraud-hit PMC Bank reaches out to major lenders for merger

India's fraud-hit PMC Bank has approached other banks over a possible merger even as its efforts to recover funds from ......

No funds available: Depositors at PMC Bank survive on loans, charity

Finance

26 August, 2020

No funds available: Depositors at PMC Bank survive on loans, charity

In February, 82-year-old Kishan Lal appealed to India's finance minister for help, saying in a Twitter message he was ready ......

Depositors panic as curbs put on major Indian co-operative bank

Finance

25 September, 2019

Depositors panic as curbs put on major Indian co-operative bank

The Reserve Bank of India’s (RBI) move to take charge of one of the country’s top five co-operative banks on ......