Thursday, April 30, 2015

Mr.Rakesh Sharma,MD & CEO(centre) addressing media.Mr.Vidyasagar-COO
Mr.Palaniappan,CFO,&Mr.Meenakshi Sundaram,CGM were also present.
LAKSHMI VILAS BANK
ANNUAL RESULTS FY15.

*Net Profit up by 121.74%.
*Gross NPA at 2.75%
*Net NPA at 1.85%
*CASA deposits at 38.66%.
*Total business of the bank
at Rs.38477.05 crores.

*Priority Sector advances   is at 43%.
The bank is working at a
spread of 4.18%.

The overall  bank's performance is GOOD considering the Net NPA'level of the bank and the challenging environment the banking industry is functioning in recent times.

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