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For LVB, troubles began with its fast-paced growth in loans between FY14 and FY18 (19 per cent CAGR), mainly on account of funding chunky corporate assets.
Moneycontrol had earlier reported that institutional shareholders of LVB who are set to lose their entire investment are weighing legal action. “The rapidly deteriorating financial position of ...
Customers of erstwhile Lakshmi Vilas Bank (LVB), now owned by DBS Bank India Ltd, have been asked to continue using their existing accounts and other facilities, while the lender's website and logo ...
India Business News: Customers of erstwhile Lakshmi Vilas Bank (LVB), now owned by DBS Bank India Ltd, have been asked to continue using their existing accounts and other ...
DBS Bank India Limited (DBIL) on Friday said it has received capital infusion of ₹2,500 crore from DBS Bank Limited, Singapore to support its amalgamation with Lakshmi Vilas Bank (LVB).
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