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Lakshmi Vilas Bank Ltd (LVLS.NS)

LVLS.NS on National Stock Exchange of India

44.25INR
20 Aug 2019
Change (% chg)

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Rs44.25
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Avg. Vol
1,714,770
52-wk High
Rs104.80
52-wk Low
Rs37.05

Latest Key Developments (Source: Significant Developments)

Indiabulls Housing Finance Says CCI Gave Nod For Merger With Lakshmi Vilas Bank
Friday, 21 Jun 2019 

June 21 (Reuters) - Indiabulls Housing Finance Ltd ::CCI GAVE NOD FOR SCHEME OF AMALGAMATION OF CO AND INDIABULLS COMMERCIAL CREDIT INTO AND WITH LAKSHMI VILAS BANK.  Full Article

Lakshmi Vilas Bank Says Proposing To Make Preferential Issue Of Up To 4.99 Pct Of Post-Money Equity To Indiabulls Housing
Monday, 15 Apr 2019 

April 15 (Reuters) - Lakshmi Vilas Bank Ltd ::LAKSHMI VILAS BANK SAYS BANK IS PROPOSING TO MAKE PREFERENTIAL ALLOTMENT TO INDIABULLS HOUSING FINANCE TO EXTENT OF 4.99% OF BANK'S POST-MONEY EQUITY.SAYS IT IS EXPECTED THAT RELEVANT DATE COULD BE BY END OF APRIL 2019.  Full Article

Lakshmi Vilas Bank Keeps 1-Year MCLR Unchanged
Wednesday, 27 Feb 2019 

Feb 27 (Reuters) - Lakshmi Vilas Bank Ltd ::KEEPS 1-YEAR MCLR UNCHANGED.  Full Article

India's Lakshmi Vilas Bank Dec Qtr Net Loss Widens
Monday, 4 Feb 2019 

Feb 4 (Reuters) - Lakshmi Vilas Bank Ltd ::DEC QUARTER NET LOSS 3.73 BILLION RUPEES VERSUS LOSS OF 392.3 MILLION RUPEES LAST YEAR.DEC QUARTER INTEREST EARNED 7.01 BILLION RUPEES VERSUS 7.90 BILLION RUPEES LAST YEAR.DEC QUARTER PROVISIONS AND CONTINGENCIES 4.31 BILLION RUPEES VERSUS 853.5 MILLION RUPEES LAST YEAR.DEC QUARTER GROSS NPA 13.95 PERCENT VERSUS 12.31 PERCENT PREVIOUS QUARTER.DEC QUARTER NET NPA 7.64 PERCENT VERSUS 6.88 PERCENT PREVIOUS QUARTER.  Full Article

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

Blackstone may buy out Indiabulls Real Estate's commercial properties: ET

Blackstone Group is set to buy the remaining 50% stake in Indiabulls Real Estate's commercial properties for about 48 billion rupees ($688.8 million), the Economic Times (ET) reported on Monday.