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Lakshmi Vilas Bank Ltd (LVLS.NS)

LVLS.NS on National Stock Exchange of India

98.90INR
20 Aug 2018
Change (% chg)

Rs-0.65 (-0.65%)
Prev Close
Rs99.55
Open
Rs99.00
Day's High
Rs104.80
Day's Low
Rs98.10
Volume
690,091
Avg. Vol
772,171
52-wk High
Rs174.47
52-wk Low
Rs88.10

Latest Key Developments (Source: Significant Developments)

India's Lakshmi Vilas Bank Appoints Srinath As Chief Risk Officer
Wednesday, 27 Jun 2018 

June 27 (Reuters) - Lakshmi Vilas Bank Ltd ::APPOINTS SRINATH AS CHIEF RISK OFFICER.  Full Article

Lakshmi Vilas Bank Says News Item About Co In Talks To Sell Stake Is Incorrect
Monday, 28 May 2018 

May 28 (Reuters) - Lakshmi Vilas Bank Ltd ::CLARIFIES ON NEWS ITEM THAT SAID CO IN TALKS WITH BANKS, PE FUNDS TO SELL UP TO 26 PERCENT STAKE.NEWS ITEM IS FACTUALLY INCORRECT; BANK NOT INTO ANY NEGOTIATION WITH ANY SPECIFIC INVESTOR FOR THE PARTICULAR CAPITAL RAISE.  Full Article

Lakshmi Vilas Bank CFO ‍N S Venkatesh resigns​
Wednesday, 11 Oct 2017 

Oct 11 (Reuters) - Lakshmi Vilas Bank Ltd ::Says ‍N S Venkatesh, executive director & chief financial officer resigns​.  Full Article

Lakshmi Vilas Bank says NIM as of Sept 30 stood at 2.83 pct
Wednesday, 11 Oct 2017 

Oct 11 (Reuters) - Lakshmi Vilas Bank Ltd :Says NIM of bank stood at 2.83 percent as of sept 30 versus 2.78 percent last yr‍​.Says consequent on slippages in quarter, watchlist now stands at about INR 17 bln‍​‍​.Slippages during quarter were almost entirely from watch list account; same is reflected in provisions.  Full Article

India's Lakshmi Vilas Bank Sept qtr profit down about 84 pct
Wednesday, 11 Oct 2017 

Oct 11 (Reuters) - India's Lakshmi Vilas Bank Ltd :Sept quarter net profit 105 million rupees versus profit of 648.5 million rupees last year.Sept quarter interest earned 7.79 billion rupees versus 6.98 billion rupees year ago.Sept quarter provisions and contingencies 1.87 billion rupees versus 625.7 million rupees year ago.Sept quarter gross NPA 5.50 percent versus 3.78 percent previous quarter.Sept quarter net NPA 4.33 percent versus 2.84 percent previous quarter.  Full Article

Lakshmi Vilas Bank approves issue of shares via QIP
Monday, 17 Oct 2016 

Lakshmi Vilas Bank Ltd : Says approved issue of shares of 10 rupees each of the bank via QIP .Says may evaluate options to raise additional tier 1 capital via equity issue of up to 35 percent of paid-up capital of bank.  Full Article

Indian shares dip ahead of derivatives expiry as rupee hits record low

June 28 Indian shares fell on Thursday, ahead of the expiry of derivatives contracts, as the rupee hit a record low and crude oil prices remained firm while lingering global trade war fears continued to hurt sentiment.