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  Under moratorium, RBI proposes to merge Lakshmi Vilas Bank with DBS Bank

  Business | November 17, 2020 20:48 IST

  The Reserve Bank of India (RBI) on Tuesday proposed a draft scheme to Lakshmi Vilas Bank with DBS Bank India Ltd, a wholly-owned subsidiary of DBS Bank Ltd (DBIL), Singapore. The decision came soon after it had imposed a one-month moratorium on the private lender and capped deposit withdrawals at Rs. 25,000.

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  India's 2019-20 budget mixes continuity with winds of change, says DBS group

  World | July 06, 2019 8:26 IST

  Budget 2019-20: The broader fiscal consolidation path was adhered to, along with a continuation of the emphasis on the welfare construct and push to improve infrastructure, writes Radhika Rao, an economist at DBS Group Research after Finance Minister Nirmala Sitharaman tabled the union budget in the Parliament on Friday.

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  HDFC Bank among world's 50 most valued lenders in 2014: Report

  January 18, 2015 13:40 IST

  New Delhi: HDFC Bank is the lone Indian entity among the world's 50 most valued lenders in 2014 with a market capitalisation of close to $41 billion (around Rs 2.5 lakh crore at 1 dollar