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Lakshmi Vilas Bank to focus on SME, retail segments to drive revenues

14 Aug 2017 Evaluate

Lakshmi Vilas Bank (LVB) is planning to focus on SME, retail segments to drive revenues and grow its assets. The bank is aiming to grow its SME and retail portfolios, where stronger focus will be lent to gold loans, home loans and SME credit, among others. It is also looking at transforming its SME lending model. There is also a conscious de-focussing on the wholesale corporate segment. Meanwhile, the bank is looking to raise Rs 500-750 crore capital this fiscal.

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.

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