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MoneyWorks4Me

Lakshmi Vilas Bank gets shareholders' nod to raise up to Rs 1,000 crore

30 Sep 2019 Evaluate

Lakshmi Vilas Bank has received shareholders' approval to raise up to Rs 1,000 crore by issuance of securities. The resolution to raise funds by issuance of securities, including American Depository Receipt (ADR) and Global Depository Receipt (GDR), was approved by shareholders in the annual general meeting held on September 27.

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 784.50
ICICI Bank 1569.95
Axis Bank 1320.00
Kotak Mahindra Bank 481.05
Indusind Bank 904.00
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