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Lakshmi Vilas Bank plans to increase share of its core business segments

12 Jan 2017 Evaluate

Lakshmi Vilas Bank (LVB) is planning to revamp its loan policy to increase the share of its core business segments to three-fourth of the loan book by 2019. As of September 30, 2016, its key segments -- retail, SME and agriculture -- had a combined share of about 55 per cent in its loan book of Rs 20,069 crore, while corporate segment accounted for the rest.

Lakshmi Vilas Bank provides various banking products and services to cater to the financial needs of varied customers.

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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