Private sector lender Lakshmi Vilas Bank (LVB) has reported results for the second quarter ended September 30, 2011.
The bank has reported an 16% jump in net profit to Rs 29 crore for the second quarter ended September 30, 2011, against Rs 25 crore for the July-September quarter of 2010. Total income of the bank rose by 39.02% to Rs 411.50 crore during the quarter from Rs 296 crore in the same quarter last fiscal.
The gross non-performing assets (NPAs) of the South India-based lender decreased to Rs 197 crore during the quarter from Rs 264 crore in the corresponding year-ago period.
| Company Name | CMP |
|---|---|
| HDFC Bank | 799.90 |
| ICICI Bank | 1347.50 |
| Axis Bank | 1359.15 |
| Kotak Mahindra Bank | 383.50 |
| Indusind Bank | 853.15 |
| View more.. | |
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