Credit rating agency -- CARE has revised the rating of Lakshmi Vilas Bank’s (LVB) Unsecured Redeemable Non Convertible Subordinated Lower Tier II Bonds to BB- from BB- negative (Double B Minus; Outlook ; Negative) and Proposed Basel III compliant Additional Tier I Perpetual Bond Issue of the Bank revised to B- from B- negative (single B Minus; Outlook ; Negative).
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.
