Lakshmi Vilas Bank hit five% lower circuit

Lakshmi Vilas Bank hit five% lower circuit

by admin- Monday, September 30th, 2019 04:41:56 PM

Shares of Lakshmi Vilas Bank dipped nearly 5% touching to Rs. 34.75, after the Reserve Bank of India (RBI) placed the lender under activate corrective motion due to excessive non-performing belongings, inadequate capital, high leverage, and a terrible return on assets for 2 consecutive years.

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