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Money & Banking - Financial Performance
Corporate Results - Private Banks
LVB net profit grows 23%

Coimbatore, Jan. 31

Lakshmi Vilas Bank’s net profit increased by 23 per cent to Rs 3.82 crore for the quarter ended December 2007 against Rs 3.10 crore during the same period of the previous year. Its total income grew by 16.8 per cent to Rs 143.06 crore (Rs 122.5 crore) and other income by 35 per cent to Rs 41.32 crore (Rs 30.63 crore). Its total business during the first three quarters of the current fiscal rose to Rs 8,879 crore (Rs 8,098 crore).

— Our Bureau

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