The Reserve Bank of India (RBI) on Tuesday proposed a draft scheme to Lakshmi Vilas Bank with DBS Bank India Ltd, a wholly-owned subsidiary of DBS Bank Ltd (DBIL), Singapore. The decision came soon after it had imposed a one-month moratorium on the private lender and capped deposit withdrawals at Rs. 25,000.
Budget 2019-20: The broader fiscal consolidation path was adhered to, along with a continuation of the emphasis on the welfare construct and push to improve infrastructure, writes Radhika Rao, an economist at DBS Group Research after Finance Minister Nirmala Sitharaman tabled the union budget in the Parliament on Friday.
New Delhi: HDFC Bank is the lone Indian entity among the world's 50 most valued lenders in 2014 with a market capitalisation of close to $41 billion (around Rs 2.5 lakh crore at 1 dollar
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