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Friday, May 3, 2024
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

How a North Indian Muslim woman saw Wayanad—inclusive mosques, mangalsutras for non-Hindus

Mosques in Rahul Gandhi's Wayanad constituency have designated sections for women to pray, a contrast to North Indian mosques where women are typically not allowed inside.

High capacity usage, fresh borrowings & new orders — why FY25 could be a big year for pvt investment

Companies are borrowing more from banks and public. Economists say high capacity utilisation & growing new orders could set stage for renewed investment push by India Inc.

China builds road through Shaksgam Valley, India registers protest

New Delhi has, in past, too, objected to Chinese construction activities in Shaksgam Valley. Work in this strategic region gathered pace after the 2017 Doklam stand-off.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.