LAKSHMI VILAS BANK LTD

RBI

RBI announces amalgamation of The Lakshmi Vilas bank Ltd and DBS Bank India Limited (DBIL)

RBI announces amalgamation of The Lakshmi Vilas bank Ltd and DBS Bank India Limited (DBIL) RBI announces the draft scheme of amalgamation of The Lakshmi Vilas Bank with Delhi based DBS Bank India Limited – DBIL. RBI said DBIL has a strong parentage and a healthy balance sheet with strong capital support, adding that its …

RBI announces amalgamation of The Lakshmi Vilas bank Ltd and DBS Bank India Limited (DBIL) Read More »

RBI

Reserve Bank of India places Lakshmi Vilas Bank Ltd
under moratorium

Withdrawals from this bank have been capped at Rs. 25,000 per month till further order. If you want to withdraw more than Rs. 25,000 for purposes such as medical treatment, payment of higher education and marriage expenses, you have to take permission of the Reserve Bank of India. You May Also Like : Tax Concept is …

Reserve Bank of India places Lakshmi Vilas Bank Ltd
under moratorium
Read More »