Lakshmi Vilas Bank Limited operates within the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Lakshmi Vilas Bank Limited with three other
companies in this sector in India:
RBL Bank Ltd
sales of 32.34 billion Indian Rupees [US$497.72 million]
of which 74%
DCB Bank Ltd
(19.19 billion Indian Rupees [US$295.39 million]
of which 81%
was Retail Banking), and
City Union Bank Ltd
(33.55 billion Indian Rupees [US$516.27 million]
of which 53%
was Retail Banking).
During the year ended March of 2016, sales at
Lakshmi Vilas Bank Limited were 28.73 billion Indian Rupees (US$442.14 million).
increase of 15.0%
versus 2015, when the company's sales were 24.99 billion Indian Rupees.
This was the fifth consecutive year of sales increases at Lakshmi Vilas Bank Limited
(and since 2011, sales have increased a total of 139%).
Sales of Wholesale Banking saw an increase
that was more than double the company's growth rate: sales were up
48.5% in 2016, from
5.79 billion Indian Rupees to 8.60 billion Indian Rupees.
Not all segments of Lakshmi Vilas Bank Limited experienced an increase in sales in 2016:
sales of Other Banking Operations fell 29.9% to 135.30 million Indian Rupees.
(However, this segment's sales were only a very small portion of the company's overall sales).