1. Lakshmi Vilas Bank placed under moratorium; withdrawal limit for customers capped  Zee News
  2. Govt places Lakshmi Vilas Bank under moratorium till December 16, imposes Rs 25,000 withdrawal limit  Moneycontrol
  3. Lakshmi Vilas Bank placed under moratorium; withdrawals capped at Rs 25,000  Economic Times
  4. Lakshmi Vilas Bank brought under moratorium; RBI proposes merger with DBS Bank India  CNBCTV18
  5. Centre Caps Withdrawal From Lakshmi Vilas Bank At Rs 25,000 Till December 16  NDTV Profit
  6. View Full coverage on Google News
During the month-long moratorium, cash withdrawal limits for Lakshmi Vilas Bank customers have also been capped at Rs 25,000. During the month-long moratorium, cash withdrawal limits for Lakshmi Vilas Bank customers have also been capped at Rs 25,000. 

Lakshmi Vilas Bank placed under moratorium; withdrawal limit for customers capped | Companies News | Zee News

The Reserve Bank of India, in consultation with the Central government, has superseded the board of directors of LVB for a period of 30 days owing to a serious deterioration in the financial position of the bank. The Reserve Bank of India, in consultation with the Central government, has superseded the board of directors of LVB for a period of 30 days owing to a serious deterioration in the financial position of the bank.

Govt places Lakshmi Vilas Bank under moratorium till December 16, imposes Rs 25,000 withdrawal limit

The moratorium on Lakshmi Vilas Bank came into effect from 6 pm on November 17 and is scheduled to end on December 16, 2020.​​The moratorium on Lakshmi Vilas Bank came into effect from 6 pm on November 17 and is scheduled to end on December 16, 2020.​​

Lakshmi Vilas Bank placed under moratorium; withdrawals capped at Rs 25,000 - The Economic Times

The moratorium on Lakshmi Vilas Bank came into effect from 6 pm on November 17 and is scheduled to end on December 16, 2020.​​

Lakshmi Vilas Bank placed under moratorium; withdrawals capped at Rs 25,000 - The Economic Times

Borrowers can withdraw above Rs 25,000 only for unforeseen expenses including medical treatment, education etc.Get latest Finance online at cnbctv18.com Borrowers can withdraw above Rs 25,000 only for unforeseen expenses including medical treatment, education etc.Get latest Finance online at cnbctv18.com

Lakshmi Vilas Bank brought under moratorium; RBI proposes merger with DBS Bank India - cnbctv18.com

The financial position of the bank has undergone a steady decline with the bank incurring continuous losses over the last three years, eroding its net-worth, says RBI.Borrowers can withdraw above ₹25,000 only for unforeseen expenses including medical treatment, education etc, says govtThe financial position of the bank has undergone a steady decline with the bank incurring continuous losses over the last three years, eroding its net-worth, says RBI.Borrowers can withdraw above ₹25,000 only for unforeseen expenses including medical treatment, education etc, says govt

Lakshmi Vilas Bank brought under moratorium till 16 Dec; restricts withdrawals at ₹25,000

The central government on Tuesday placed Tamil Nadu-based private sector lender Lakshmi Vilas Bank under moratorium and capped withdrawal at Rs 25,000 for one monthThe central government on Tuesday placed Tamil Nadu-based private sector lender Lakshmi Vilas Bank under moratorium and capped withdrawal at Rs 25,000 for one month

Centre Caps Withdrawal From Lakshmi Vilas Bank At Rs 25,000 Till Dec 16

The Central govt has imposed moratorium for thirty days effective from today, the RBI statement saidThe Central govt has imposed moratorium for thirty days effective from today, the RBI statement said

Centre places Lakshmi Vilas Bank under moratorium, caps withdrawal limit at ₹25,000 - The Hindu

The Reserve Bank of India`s (RBI) decision to propose amalgamation of Lakshmi Vilas Bank (LVB) with DBS Bank India came partly as a surprise, said an outgoing Director of LVB. Get more Companies News and Business News on Zee Business.The Reserve Bank of India`s (RBI) decision to propose amalgamation of Lakshmi Vilas Bank (LVB) with DBS Bank India came partly as a surprise, said an outgoing Director of LVB.

RBI's decision a part surprise: Former LVB Director | Zee Business

Read more about Bank Employees' Association wants LVB to be merged with a PSU bank on Business Standard. RBI's role should be thoroughly probed, says AIBEARBI's role should be thoroughly probed, says AIBEA

Bank Employees' Association wants LVB to be merged with a PSU bank | Business Standard News

During the moratorium, the bank will not be allowed to make any payment worth more than Rs 25,000 to the depositor, without any written permission from the Reserve Bank of India (RBI).During the moratorium, the bank will not be allowed to make any payment worth more than Rs 25,000 to the depositor, without any written permission from the Reserve Bank of India (RBI).

Lakshmi Vilas Bank under moratorium, withdrawal capped at Rs 25,000 - india news - Hindustan Times

The Lakshmi Vilas Bank has been placed under the moratorium on the basis of an application submitted by the Reserve Bank of India under Sec 45 of the Banking Regulation Act.The Lakshmi Vilas Bank has been placed under the moratorium on the basis of an application submitted by the Reserve Bank of India under Sec 45 of the Banking Regulation Act.

Centre puts Lakshmi Vilas Bank under moratorium, caps withdrawal at Rs 25,000 till Dec 16 | Business News,The Indian Express

For south-based private sector lender Lakshmi Vilas Bank (LVB), raising capital has been a critical issue over the past year, particularly after the RBI rejected the merger plan with Indiabulls HousinFor south-based private sector lender Lakshmi Vilas Bank (LVB), raising capital has been a critical issue over the past year, particularly after the RBI rejected the merger plan with Indiabulls Housin

Why the RBI stepping in to bail out LVB was long awaited - The Hindu BusinessLine

The Reserve Bank of India (RBI) on Tuesday placed Tamil Nadu-headquartered troubled private lender Lakshmi Vilas Bank (LVB) under a moratorium for a span of one month. The apex bank has also superseded the Board of Directors of the LVB. During the period of moratorium, which would last for a period of one month effective Tuesday, the depositors would be able to withdraw aThe Reserve Bank of India (RBI) on Tuesday placed Tamil Nadu-headquartered troubled private lender Lakshmi Vilas Bank (LVB) under a moratorium for a span of one month. The apex bank has also

Lakshmi Vilas Bank placed under moratorium for a month; withdrawals capped at Rs 25,000 till December 16 | Deccan Herald

Upon receiving special orders from the RBI, the bank may pay more than the said amount in case of medical treatment, education, marriage related expenses and unavoidable emergenciesUpon receiving special orders from the RBI, the bank may pay more than the said amount in case of medical treatment, education, marriage related expenses and unavoidable emergencies

Lakshmi Vilas Bank under moratorium for one month, depositors can't withdraw over Rs 25K- The New Indian Express

Private sector lender Lakshmi Vilas Bank Ltd. will be amalgamated with DBS Bank India Ltd., said a statement by the Reserve Bank of India moments after it announced that the former has been placed under moratorium. The Reserve Bank of India has placed private sector lender Lakshmi Vilas Bank under moratorium for 30 days, releases from the RBI and the government said on Tuesday. As part of this, the regulator has capped deposit withdrawals by customers to Rs 25,000.Lakshmi Vilas Bank placed under moratorium, RBI limits deposit withdrawals to Rs 25,000.

Lakshmi Vilas Bank Under RBI Moratorium, To Be Merged With DBS India

RBI assured depositors of the bank that their interest will be fully protected and that there is no need to panic. RBI has drawn up a scheme for the bank’s amalgamation with another banking companyRBI assured depositors of the bank that their interest will be fully protected and that there is no need to panic. RBI has drawn up a scheme for the bank’s amalgamation with another banking company

The Reserve Bank of India on Tuesday, 17 November, placed Lakshmi Vilas Bank under moratorium, capping withdrawals from the bank at Rs 25,000 per month till 16 December.The RBI placed the bank under moratorium, capping deposit withdrawals at Rs 25,000 per month till 16 December.

Lakshmi Vilas Bank Under Moratorium Till 16 Dec, to Merge with DBS

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