You are here: Home » Companies ยป Results
Kesoram board okays fund raising up to Rs 2,000 cr to replace existing debt
icon-arrow-left
Business Standard

Lakshmi Vilas Bank reports loss before tax of Rs 112.28 crore in Q1

Net NPA positiom imporves; Clix amalgamation deadline stretched to September 15 on Covid concerns

Topics
Lakshmi Vilas Bank | Q1 results | Clix Capital

T E Narasimhan  |  Chennai 



Lakshmi Vilas Bank
The lender's net NPA reduced to 9.64 per cent as on March 31, 2020 from 10.04 per cent a year ago.

(LVB)'s loss before tax provision was at Rs 112.28 crore, for the quarter ended June 30, 2020 as against a loss of Rs 237.25 crore for the quarter ended June 30, 2019.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Thu, July 30 2020. 19:54 IST

RECOMMENDED FOR YOU

.