The Bombay High Court has refused to grant an interim relief to the Lakshmi Vilas Bank shareholders’ petitions challenging the scheme of amalgamation with DBS Bank India. Find out what's in store for the troubled bank?
Moneycontrol first reported on Saturday evening that a section of shareholders has voted against the appointment of seven directors including the CEO and the statutory auditors
The Chennai-headquartered mid-sized private sector bank has been headless since mid-September after the then chief executive Parathasarathy Mukherjee left before the completion of his three-year term.
Dovish comments indicate that rate hike has been pushed to December, says NS Venkatesh, Lakshmi Vilas Bank.
Today, rupee will track movement of equity indices and trade in a narrow range of 67.05-67.15/USD, says NS Venkatesh, ED, Laxmi Vilas Bank.
The Reserve Bank of India’s governor today has proposed to separate the chairman and managing director or CEO position in PSU banks. Sharing their views and possible reason behind this move to CNBC-TV18, experts KR Kamath, chairman of Punjab National Bank and BD Narang, ex-chairman of Oriental Bank of Commerce read the road ahead.