Lakshmi Vilas Bank has received approval for the allotment of 1.68 crore equity shares of the Bank to Indiabulls Housing Finance by way of preferential issue at an issue price of Rs 112 per Equity Share, aggregating to Rs 188.16 crore. The Board of Directors of the Bank at its meeting held on July 04, 2019 has approved the same.
Lakshmi Vilas Bank offers a wide range of services such as Deposits, loan, MSME, Online Services, NRI services, Wealth Management Services and Personal banking services etc.