Lakshmi Vilas Bank would continue to focus on the retail and SME segment, its Chief Executive and Managing Director Parthasarathi Mukherjee said. Speaking to reporters after inaugurating the 2-day SME Expo now underway at Suguna Kalyana Madapam in Coimbatore, he said that the 90-year-old institut…
Tag: NS Venkatesh
Lakshmi Vilas Bank to lend more to retail, SME, farm sectors
Chennai: Lakshmi Vilas Bank (LVB) will revamp its loan policy to increase the share of its core business segments to three-fourth of the loan book by 2019. Its key segments — retail, SME and agriculture — had a combined share of about 55 per cent in its loan book of ₹20,069 crore (as of September…