 | |
| Company type | Public |
|---|---|
| BSE: 534690 NSE: LAKSHVILAS | |
| Industry | |
| Founded | 3 November 1926 in Karur, India |
| Defunct | 27 November 2020 |
| Fate | Merged with DBS Bank India Ltd |
| Successor | DBS Bank India Ltd |
| Headquarters | , India |
Area served | India |
Key people | Subramanian Sundar (MD & CEO) |
| Products | |
| Revenue |  ₹2,558.03 crore (US$310 million) (2020) |
| ₹−15.46 crore (US$−1.9 million) (2020) | |
 ₹−836.04 crore (US$−100 million) (2020) | |
| Total assets | ₹24,421.51 crore (US$2.9 billion) (2020) |
Number of employees | 4349 (2020) |
| Capital ratio | -0.88% (2020) |
| Website | www |
| Footnotes / references [1][2][3] | |
Lakshmi Vilas Bank was an Indian private sector bank established in 1926 in Karur, Tamil Nadu. As of November 2020[update], the bank had 566 branches in 19 states and 1 union territory.[4] On 27 November 2020, the bank was merged into the Indian subsidiary of DBS Bank.
- ^ "Balance Sheet 31.03.2020". lvbank.com (27 December 2021).
- ^ "Board of Directors | Lakshmi Vilas Bank". www.lvbank.com. Retrieved 28 July 2020.
- ^ Lakshmi Vilas Bank, About Us
- ^ "Why is bank union opposing merger of Lakshmi Vilas Bank with DBS Bank? Here's the reason". Zee News. 18 November 2020.