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Lakshmi Vilas Bank Ltd (LVLS.NS)

LVLS.NS on National Stock Exchange of India

61.40INR
6:19am BST
Change (% chg)

Rs1.15 (+1.91%)
Prev Close
Rs60.25
Open
Rs61.40
Day's High
Rs62.35
Day's Low
Rs61.20
Volume
191,713
Avg. Vol
2,432,608
52-wk High
Rs121.90
52-wk Low
Rs54.70

Latest Key Developments (Source: Significant Developments)

India's Lakshmi Vilas Bank March Quarter Loss Narrows
Tuesday, 28 May 2019 

May 28 (Reuters) - Lakshmi Vilas Bank Ltd ::MARCH QUARTER LOSS 2.64 BILLION RUPEES VERSUS LOSS 6.22 BILLION RUPEES YEAR AGO.MARCH QUARTER INTEREST EARNED 6.82 BILLION RUPEES VERSUS 7.03 BILLION RUPEES YEAR AGO.MARCH QUARTER PROVISIONS AND CONTINGENCIES 4.79 BILLION RUPEES VERSUS 9.21 BILLION RUPEES YEAR AGO.MARCH QUARTER GROSS NPA 15.30 PERCENT VERSUS 13.95 PERCENT PREVIOUS QUARTER.MARCH QUARTER NET NPA 7.49 PERCENT VERSUS 7.64 PERCENT PREVIOUS QUARTER.  Full Article

Lakshmi Vilas Bank Approves Allotment Of Up To 16.8 Mln Equity Shares
Friday, 12 Apr 2019 

April 12 (Reuters) - Lakshmi Vilas Bank Ltd ::DEFERRED DISCUSSIONS ON RAISING CAPITAL BY ISSUING BASEL ILL COMPLIANT ADDITIONAL TIER-1 DEBT INSTRUMENTS IN NATURE OF BONDS.APPROVED ALLOTMENT OF UP TO 16.8 MILLION EQUITY SHARES.  Full Article

Lakshmi Vilas Bank Approves Scheme Of Amalgamation Between Indiabulls Housing Finance & Co
Friday, 5 Apr 2019 

April 5 (Reuters) - Indiabulls Housing Finance Ltd ::APPROVED SCHEME OF AMALGAMATION BETWEEN INDIABULLS HOUSING FINANCE AND LAKSHMI VILAS BANK LAKSHMI VILAS BANK - APPOINTED DATE FOR SCHEME SHALL BE JANUARY 1, 2018, OR SUCH OTHER DATE AS MAY BE MUTUALLY AGREED BETWEEN AMALGAMATING COMPANIES.  Full Article

Lakshmi Vilas Bank Says Bajaj Finance Raises Stake In Co To 5.90 Pct Via Encumbrance
Friday, 29 Mar 2019 

March 29 (Reuters) - Lakshmi Vilas Bank Ltd ::BAJAJ FINANCE RAISES STAKE IN CO TO 5.90 PERCENT FROM 4.01 PERCENT VIA ENCUMBRANCE.  Full Article

Lakshmi Vilas Bank Re-Appoints Parthasarathi Mukherjee As MD, CEO
Wednesday, 23 Jan 2019 

Jan 23 (Reuters) - Lakshmi Vilas Bank Ltd ::SAYS PARTHASARATHI MUKHERJEE RE-APPOINTED AS MANAGING DIRECTOR & CEO.  Full Article

India's Lakshmi Vilas Bank Posts March Quarter Loss
Friday, 25 May 2018 

May 25 (Reuters) - Lakshmi Vilas Bank Ltd ::MARCH QUARTER NET LOSS 6.22 BILLION RUPEES VERSUS PROFIT OF 521.6 MILLION RUPEES LAST YEAR.MARCH QUARTER INTEREST EARNED 7.03 BILLION RUPEES VERSUS 7.34 BILLION RUPEES LAST YEAR.MARCH QUARTER PROVISIONS AND CONTINGENCIES 9.21 BILLION RUPEES VERSUS 1.08 BILLION RUPEES LAST YEAR.MARCH QUARTER GROSS NPA 9.98 PERCENT VERSUS 5.66 PERCENT PREVIOUS QUARTER.MARCH QUARTER NET NPA 5.66 PERCENT VERSUS 4.27 PERCENT PREVIOUS QUARTER.  Full Article

Lakshmi Vilas Bank Dec-Qtr NIM At 2.63 Pct‍​
Tuesday, 30 Jan 2018 

Jan 30 (Reuters) - Lakshmi Vilas Bank Ltd ::SAYS DEC QUARTER NIM AT 2.63 PCT‍​.  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 Ltd News

India's cbank says not yet approved merger of Lakshmi Vilas and Indiabulls Housing

April 7 India's central bank said it has not yet approved a merger proposal of private-sector lender Lakshmi Vilas Bank Ltd and Indiabulls Housing Finance Ltd .

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