Lakshmi Vilas Bank Limited was founded in 1926 by a group of seven businessmen of Karur under the leadership of Shri V.S.N. Ramalinga Chettiar. Read More
The Reserve Bank of India (RBI) has approved a three-member committee of directors to run the day-to-day functioning of cash-strapped Lakshmi Vilas Bank. ...
Shares of Lakshmi Vilas Bank jumped by nearly 10 per cent on Wednesday morning after the troubled private sector lender said that mutual due diligence process for merger with Clix Group is substantially complete and both parties are in discussions on ...
The Reserve Bank of India on Wednesday rejected the merger of Lakshmi Vilas Bank and India Bulls Housing Finance Ltd, months after the bank had sought its approval on May 7. ...
The Economic Offences Wing (EOW) of Delhi police on Thursday registered an FIR against directors of the Lakshmi Vilas Bank (LVB) for alleged cheating, criminal breach of trust, criminal misappropriation and criminal conspiracy. ...
Indiabulls Housing Finance stocks surged 14 per cent on the NSE on Tuesday after the law firm Managium Juris tendered a public apology for an earlier false suit alleging that Indiabulls was involved in fraud. ...