Lakshmi Vilas Bank has received an approval for allotment of 6,39,87,006 equity shares of Rs 10 each at a price of Rs 122 per equity share aggregating to Rs 780.64 crore issued on a rights basis. The capital raising committee of the Bank at its meeting held on January 3, 2018 has approved for the same.
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.