Can you provide me the Financial Year Report 2014- 15 of Lakshmi Vilas Bank? Provide me the names of Board of Directors of Lakshmi Vilas Bank as well?

Lakshmi Vilas Bank was founded in 1926 by a group of seven progressive businessmen of Karur to cater to the financial needs of people in and around Karur who were occupied in trading businesses, industry and agriculture.

Lakshmi Vilas Bank Financial Year Report 2014- 15

The Bank has a profit of Rs. 376.44 Crores in FY 2014-2015 against Rs. 309.00 Crores in the previous year FY 2013-14 registering a growth of 21.83%.

The net profit for the year, after provisions and taxes, amounts to Rs. 132.29 Crores as against Rs. 59.66 Crores recorded in 2013-14 recording a growth of 121.72%

Financial Performance

The highlights of the financial performance of your Bank for the year ended 31st March, 2015 are as under:
(Rs. in Crores) for the year ended

31st March 2015 31st March 2014

Deposits 21,964.21 18,572.88

Advances ( Net) 16,352.02 12,889.19

Investments ( Net) 6,103.78 5,688.68

Total Income 2,498.56 2,187.54

Operating profit 376.44 309.00

Provisions and contingencies 244.15 249.34

Net Profit 132.29 59.66

88th Annual Report 2014 - 2015







Board of Directors

Raghuraj Gujjar - Non Executive Chairman (Till 25.04.2015)
Rakesh Sharma - Managing Director & CEO
D.L.N. Rao
B.K.Manjunath - (Till 13.01.2015)
K.R. Pradeep
S.G. Prabhakharan
S. Dattathreyan
R. Sharan - (Till 23.08.2014)
A. Satish Kumar (Till 04.09.2014)
P.A. Shankar
N. Malayalaramamirtham
Pankaj Vaish - (From 23.08.2014)
Prakash P Mallya - (From 23.08.2014)
E.V. Sumithasri - (From 10.03.2015)
Ashok Narain - RBI Nominee (Till 02.12.2014)
Vivek Deep - RBI Nominee (From 03.12.2014)
R. Ravikumar - RBI Nominee (Till 13.05.2015)
K. Babuji - RBI Nominee (From 14.05.2015)

Attached Files

8th Annual Report 2014 - 2015.pdf (2.34 MB, 214 views)