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Lakshmi Vilas Bank Ltd (LVLS.NS)

LVLS.NS on National Stock Exchange of India

86.90INR
14 Dec 2018
Change (% chg)

Rs-0.15 (-0.17%)
Prev Close
Rs87.05
Open
Rs87.60
Day's High
Rs87.85
Day's Low
Rs86.45
Volume
257,477
Avg. Vol
847,196
52-wk High
Rs152.00
52-wk Low
Rs67.50

Latest Key Developments (Source: Significant Developments)

Lakshmi Vilas Bank Says Sept Qtr NIM At 1.74 Pct
Wednesday, 24 Oct 2018 

Oct 24 (Reuters) - Lakshmi Vilas Bank Ltd ::NET INTEREST MARGIN AT 1.74 PERCENT FOR Q2.BANK HAS REDUCED EXPOSURE IN INFRA/NBFC/REAL ESTATE SECTORS BY 18 BILLION RUPEES.  Full Article

India's Lakshmi Vilas Bank Posts Sept-Qtr Net Loss
Wednesday, 24 Oct 2018 

Oct 24 (Reuters) - Lakshmi Vilas Bank Ltd ::SEPT QUARTER NET LOSS 1.32 BILLION RUPEES VERSUS PROFIT OF 105 MILLION RUPEES LAST YEAR.SEPT QUARTER INTEREST EARNED 7.29 BILLION RUPEES VERSUS 7.79 BILLION RUPEES LAST YEAR.SEPT QUARTER PROVISIONS AND CONTINGENCIES 2.05 BILLION RUPEES VERSUS 1.87 BILLION RUPEES LAST YEAR.SEPT QUARTER GROSS NPA 12.31 PERCENT VERSUS 10.73 PERCENT PREVIOUS QUARTER.SEPT QUARTER NET NPA 6.88 PERCENT VERSUS 5.96 PERCENT PREVIOUS QUARTER.  Full Article

Lakshmi Vilas Bank Gets EoI From High Quality Investors To Participate In Capital Raising
Tuesday, 23 Oct 2018 

Oct 23 (Reuters) - Lakshmi Vilas Bank Ltd ::SAYS CO GOT EXPRESSIONS OF INTEREST, TO PARTICIPATE IN CAPITAL RAISING PROGRAMME, FROM HIGH QUALITY INVESTORS.CHOICE OF INVESTORS, QUANTUM OF INVESTMENT AND TIMING OF CLOSURE OF TRANSACTION IS NOT KNOWN AS YET .  Full Article

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

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.