Lakshmi Vilas Bank has 271 branches across India spread over 16 states and union territories.
Tamil Nadu state, with 147 branches has the largest number of Lakshmi Vilas Bank branches in India followed by Karnataka state with 32 branches and Andhra Pradesh state with 23 branches.
Statewise distribution of Lakshmi Vilas Bank branches in India is as below. To find branch address, phone, IFSC code, MICR code of the branch that you are looking for, click on the state where the branch is located.
Lakshmi Vilas Bank is a Private Bank in India with 422 branches, 820 ATM's and 3,256 employees across the country.
Lakshmi Vilas Bank's registered office is located at Salem Road, Kathaparai, Karur TamilNadu-639006
For the year ended 31st Mar 15, the bank reported Net Interest Income of Rs. 527 crs and Standalone net profit of Rs. 132 crs. Lakshmi Vilas Bank reported total deposits of Rs. 21,964 crs and total advances of Rs. 16,352 crs.
Lakshmi Vilas Bank's management is led by its CEO Mr. Parthasarathi Mukherjee.
Highest fixed deposit interest offered by Lakshmi Vilas Bank is % per annum on deposits.
Its current Base Rate is 10.50%, which was last revised on 19th Oct 16.
20th Jul 16 Lakshmi Vilas Bank Q1 net jumps 50 per cent to Rs 61 crore
Lakshmi Vilas Bank has reported a net profit of over 50 per cent at Rs 60.68 crore in the June quarter of FY17. Total income of the bank in the June Quarter increased to Rs 774.87 crore from Rs 693.05 crore in the same period of previous year. Gross NPAs as a percentage to Total Advances decreased to 2.14 per cent. Net NPAs decreased to 1.3 per cent of the Net Advances as against 1.72 per cent in the same period of previous fiscal. Thus, the provision towards bad loans was also reduced to Rs 35.15 crore June quarter of FY17 as against Rs 50.31 crore in the same period of previous year.
28th Apr 16 Lakshmi Vilas Bank Q4 profit up 22.5% on retail, SME growth
Lakshmi Vilas Bank saw its Q4 profit grow 22.5% to Rs 49.07 crore from strength in its retail and SME lending. The commercial lender Q4 net income increased 14.3% to Rs 758.84 crore from Rs 663.97 crore for the same period last year. The bank is seeing lending opportunities in the pharma and real estate sector. And they are looking at broadening the scope of their agricultural loans. The only possible areas of improvement bank can see are with regard to their CASA deposits and their net interest income.
29th Jan 16 Lakshmi Vilas Bank launches LVB Mobile app
LVB launched its mobile app to tap the digital banking space and diversify its offerings. The bank also inaugurated its first cash deposit machine at Global Village campus in Bengaluru
28th Jan 16 Lakshmi Vilas Bank Q3FY16 standalone net profit rises 42 per cent
LVB reported net profit of Rs. 46.07 Cr for the quarter ended December 2015 on fall in bad loans and healthy revenue from retail and corporate banking segments.
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