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Friday, July 25, 2025
TopicLakshmi Vilas Bank Ltd.

Topic: Lakshmi Vilas Bank Ltd.

Lakshmi Vilas Bank placed under one-month moratorium, withdrawals capped at Rs 25,000

The step was taken by the government, on the advice of the Reserve Bank, in view of the declining financial health of the private sector lender.

Indiabulls, hurting from share slide, seeks to bring forward court date on fraud charges

Indiabulls’ shares plunged after the Delhi High Court admitted a plea against the shadow lender and RBI placed restrictions on its acquisition target, Lakshmi Vilas Bank.

On Camera

India-US set to ink mini trade deal soon, reach understanding on agricultural & dairy products

Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.

During Operation Sindoor, Pakistan likely used NATO-style aerial tactics taught by China

The Chinese are said to have hired ex-fighter pilots & air force operators from NATO countries over the past several years to help them fine-tune their operational & flying capabilities.

Strategic partner one day, tactical nightmare the next: India’s learning Trumplomacy the hard way

Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.