Home NewsBusiness Lakshmi Vilas Bank: Big boys of lending rebound to pre-pandemic levels. Why Indian banks are at an inflection point.

Lakshmi Vilas Bank: Big boys of lending rebound to pre-pandemic levels. Why Indian banks are at an inflection point.

by Marjorie

Idea by Muhabit ul haq

Synopsis

Just a few early indicators point out that India’s banking sector may very well be on the cusp of a change. What deserves consideration right here is the change in technique adopted by some lenders and the brand new lending fashions which might be taking form. The post-pandemic period will definitely reshape the contours of banking within the nation. However are the regulators prepared?

The Reserve Financial institution of India (RBI) has positioned yet one more lender, Chennai-based Lakshmi Vilas Financial institution, beneath a moratorium and introduced a draft scheme of amalgamation with Singapore-headquartered DBS Financial institution. The transfer comes at a time when the Sure Financial institution saga continues to be recent in public reminiscence. Whereas the addition of the 93-year-old financial institution to the record of failures within the nation’s monetary sector is certainly a purpose for fear, a more in-depth have a look at the September

  • GIFT ARTICLE
  • FONT SIZE
  • SAVE
  • PRINT
  • COMMENT

Register to learn the total article

You’ve received this Prime Story as a Free Present

Already a Member?

September Particular Provide

Get Flat 20% Off

ON ET PRIME MEMBERSHIP

Get Provide

Why ?

  • Unique Financial Occasions Tales, Editorials & Professional opinion throughout 20+ sectors

  • Inventory evaluation. Market Analysis. Business Tendencies on 4000+ Shares

  • Clear expertise with
    Minimal Advertisements

  • Remark & Have interaction with ET Prime neighborhood

  • Unique invitations to Digital Occasions with Business Leaders

  • A trusted workforce of Journalists & Analysts who can greatest filter sign from noise

Source link

Denial of responsibility! This post is auto generated. In each article, the hyperlink to the primary source is specified. All Materials and trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your articles, please contact us by email – [email protected]. The content will be deleted within 8 hours. (maybe within Minutes)

Related Articles

close