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LVB-DBS deal: HC asks RBI to relook at valuation

India Business News: The Madras HC has asked RBI to carry out a valuation of shares and assets of DBS Bank India and Lakshmi Vilas Bank as on the date before their amalgam ....

Tamil Nadu , Bank India , Lakshmi Vilas Bank , Business News , Madras Hc , Lvb Dbs Deal ,

Madras HC orders RBI to conduct comprehensive asset valuations for DBS and Lakshmi Vilas Bank

Madras High Court has directed RBI to reevaluate DBS Bank India and LVB pre-amalgamation, influencing share value/write-off decisions within four months, in response to bondholders suit, highlighting transparency and fairness for stakeholders. ....

Tamil Nadu , Madras High Court , Bank India , Lakshmi Vilas Bank , Supreme Court , Reserve Bank , High Courts , Madras Hc , Dbs Bank India ,

Commercial paper issuances touch a 4-year high of Rs 1.2 lakh crore

CP issuances are still not as high as 2018 levels when they touched ₹3.1 lakh crore in July-September, as NBFCs look for other funding avenues like securitisation, where volumes peaked in FY24 at ₹1.9 lakh crore. CPs are short-term, unsecured debt instruments issued by corporates. ....

Malvika Bhotika , Commercial Paper Issuances , Crisil Report , Funding Sources , Cp Issuances , Liquidity Coverage Ratio , Short Term Debt ,

National Statistical Commission: National Statistical Commission gets two more members

India s National Statistical Commission is back to full capacity with the appointment of two new members after a one-year gap. A Ganesh Kumar and Debasis Kundu have been appointed, bringing the panel s strength to five, including the chairman. The commission, set up in 2005, aims to strengthen the statistical system, suggest survey standards, and coordinate with other departments. The appointments come amidst calls for reforming the country s statistics system, with the Prime Minister s Office discussing overhauling measures earlier this year. ....

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Banks To Remain Closed For 14 Days In May; Complete Details Inside

During the month of May, the banks will not function for eight days at different places. - Banks To Remain Closed For 14 Days In May; Complete Details Inside ....

New Delhi , Tamil Nadu , Uttar Pradesh , Andhra Pradesh , West Bengal , Jammu And Kashmir , Madhya Pradesh , Himachal Pradesh , Nazrul Jayanti , Lok Sabha , Basava Jayanti Akshaya Tritiya , Nazrul Jayanti Lok Sabha , Bank Holidays , Bank Holiday , Banks To Remain Closed For , Complete Details , Reserve Bank , Bank Holidays In May , Maharashtra Day , May Day , Maharashtra Din , Labour Day , Lok Sabha Elections , Lok Sabha General Elections , Rabindranath Tagore , Akshaya Tritiya ,