Sunday, September 30, 2018

Lakshmi Vilas Bank to raise around Rs 2000 crore via preference share sale; appoints JP Morgan

Lakshmi Vilas Bank to raise around Rs 2000 crore via preference share sale; appoints JP Morgan Last fiscal, the bank had added over Rs 2,915 crore in fresh bad loans, leaving it with a net loss of Rs 585 crore against a profit of Rs 256 crore in the previous fiscal year.

from Moneycontrol Business News https://ift.tt/2NTcThi

No comments:

Post a Comment

Tariffs a temporary storm, structural reforms key for India: Arvind Sanger

Arvind Sanger of Geosphere Capital Management suggests a trade deal with the U.S. would benefit India by reducing market uncertainty and pro...