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Friday, July 25, 2025
TopicLakshmi Vilas Bank

Topic: Lakshmi Vilas Bank

After Lakshmi Vilas Bank, Dhanlaxmi faces management crisis as shareholders reject new CEO

During Dhanlaxmi bank’s 93rd annual general meeting, 90.49 per cent of the total valid votes were polled against Sunil Gurbaxani's appointment as MD and CEO of the bank.

Yet another private lender in crisis, but a rescue mission is on track at Lakshmi Vilas Bank

In the last week, cash-strapped Lakshmi Vilas Bank has seen shareholders vote out its top management, raising concerns over the proposed merger deal with Clix Capital.

RBI rejects proposed merger of Indiabulls and Lakshmi Vilas Bank

Lakshmi Vilas Bank was recently placed under Prompt Corrective Action due to high level of bad loans & negative return on assets for two consecutive years.

Indiabulls’ shares drop record 38% after RBI places restrictions on Lakshmi Vilas Bank

Indiabulls is also in legal hot water after the Delhi High Court agreed to hear a petition to investigate the company over allegations that it gave out “dubious loans”.

On Camera

Mumbai blasts acquittal must not set a precedent. It’ll hurt both agencies and judiciary

Several terror attack cases have been concluded by following the methods Maharashtra ATS used in the 7/11 case. It’s surprising that the high court didn’t find them worthy of legal scrutiny.

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.