Tag Archives: Bank merger

All branches of Lakshmi Vilas Bank will function as branches of DBS Bank India. The moratorium on Lakshmi Vilas Bank will be lifted on November 27, 2020 when the government today sanctioned the plan for the merger of Lakshmi Vilas Bank with DBS Bank India Ltd. All branches of Lakshmi …

NEW DEHI: The potential acquisition of IndusInd Bank Ltd by Kotak Mahindra Bank Ltd would create India’s eighth largest lender by assets at a time when the nation is battling one of the world’s worst bad debt problems. In what could be the country’s largest banking deal, Kotak Mahindra, backed …