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Lakshmi Vilas Bank eyes 20% business growth in FY17

20 Jun 2016 Evaluate

Lakshmi Vilas Bank (LVB), the private sector lender is expecting a 20% growth in its business, including deposits and advances during this fiscal. The bank has recorded a business of over Rs 45,000 crore during the last financial year. At present, the bank has 460 branches and will add another 60 branches during this fiscal.

The bank is focusing on providing specialized customer services like Crown Lounge, which is a strategic step towards providing better experience to High Network Individual customers.

Lakshmi Vilas Bank offers a wide range of services such as Deposits, loan, MSME, Online Services, NRI services, Wealth Management Services and Personal banking services etc.

Peers
Company Name CMP
HDFC Bank 729.45
ICICI Bank 1332.00
Axis Bank 1186.50
Kotak Mahindra Bank 405.30
Indusind Bank 920.20
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