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RBI, DBS Bank to ask SC to move cases on LVB-DBS merger to one location

The Bombay HC adjourned the case filed by the shareholders and investors of Lakshmi Vilas Bank (LVB) to December 22, after RBI and DBS Bank India informed that they have approached the Supreme Court to get all the cases transferred to one High Court.

RBI, DBS move Supreme Court, want all LVB merger cases transferred #Finance 

#LVB logo, website tweaked post #DBS  merger; customers asked to use existing accounts

Will Dhanlaxmi Bank follow LVB-YES Bank path? @TamalBandyo  explains what's going on behind the scenes For more stories like this and for full access to exclusive premium content, subscribe to Business Standard -

While DBS India did not comment on whether this is a permanent or a temporary arrangement, experts and LVB employees believe that the LVB name will be retained. #LakshmiVilasBank  @tenarasimhan  reports

DBS Bank India gets Rs 2,500 cr capital support from parent for LVB merger #Finance 

Earlier last month, the RBI placed crisis-ridden LVB under a moratorium and announced its merger with DBIL.

Subramanian Swamy asks PM Modi to put LVB merger with DBS on hold @tenarasimhan  reports #LakshmiVilasBank  #DBSBank 

LVB-DBS Bank Amalgamation: #SubramanianSwamy  Writes Letter To PM Modi Asking To Keep Merger On Hold

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Whether YES Bank, PMC Bank or LVB, year 2020 has seen the RBI taking market-oriented solutions to rescue failed banks #RBI  #Banks  @humsitweets 

#BREAKING ‘RBI places a draft scheme of amalgamation of The Lakshmi Vilas Bank Ltd. (LVB) with DBS Bank India Ltd’ @_ritusingh  #RBI  @CNBCTV18Live  @CNBCTV18News 

Kotak Mahindra Bank is keen to rescue the fund-starved Lakshmi Vilas Bank (LVB) as part of a proposed transaction under the supervision of the RBI, multiple sources tell @moneycontrolcom  #Exclusive  @ashwinmohansays 

Report: The Reserve Bank has initiated Prompt Corrective Action (PCA) against Lakshmi Vilas Bank (LVB) due to high level of bad loans, lack of sufficient capital to manage risks and negative return on assets for two consecutive years.

Indiabulls Housing, Lakshmi Vilas Bank to consider merger, board meeting of both the companies currently underway. Merger ratio seen around 1:8 (1 share of IHFL for 8 shares of LVB): SourcesAlert: Both Indiabulls Hsg & Lakshmi Vilas Bank yet to respond to CNBC-TV18 query

Four - yes four - IPOs in one morning: $SAIL, $LVB, $BXG, & $LGC

there is nothing in the entire history of western music as important as this piece. LVB changed the world with it.

And some LVB. a little calmer. dude could write a fugue...

Happy birthday Beethoven born (probably) #otd , 1770 Which is your favourite LvB work? ^C

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