Lakshmi Vilas bank crisis: working on a back-up plan, says Shakti Sinha

The board of directors is only a temporary arrangement until the name is approved by the Reserve Bank of India, Sinha said The subjectsLakshmi Vilas Bank Distressed private lender Lakshmi Vilas Bank is in dire need of capital. A clear picture of the Clix Capital group’s merger proposal will emerge in two weeks, Shakti Sinha, director of LVB’s board of …

Thai commercial banks strengthen their market positions –

The deputy governor of the Financial Educate Stability Bank of Thailand explained that Thai commercial banks handle financial problems well. Mr. Ronadon Numnon, affirms that the main positioned banks are strong and that they can handle the impact of the economic crisis caused by COVID 19. The banking system has a surplus as of 2020. This was generally due to …