The Lakshmi Vilas Bank Income
What is the Income of The Lakshmi Vilas Bank?
The Income of The Lakshmi Vilas Bank Limited is -₨7.51
What is the definition of Income?
Net income available for common shareholders equals net income minus preferred dividends paid.
ttm (trailing twelve months)
Net income available to common shareholders are the profits remaining after the company pays all of its suppliers, employees, service providers, creditors, and preferred shareholders. In other words, this is revenue less all expenses and preferred dividends. The number measures common shareholders' claim on the company's cash flows.
Income of companies in the Finance sector on NSE compared to The Lakshmi Vilas Bank
What does The Lakshmi Vilas Bank do?
The Lakshmi Vilas Bank Limited provides various banking products and services in India. It operates through Treasury, Corporate and Wholesale Banking, Retail Banking, and Other Banking Operations segments. The company offers savings, salary, retail institutional, current, and institutional accounts, as well as fixed and recurring deposits; and personal and commercial vehicle, home, jewel, education, deposit, agriculture term, business term, and rental loans, as well as loans against properties and securities. It also provides life, health, and general insurance products; mutual funds; online trading accounts; merchant and cash management services; credit, debit/ATM, prepaid, and gift cards; bill payment and money transfer services; NRI, mobile, and corporate banking services; and safe deposit lockers. In addition, the company offers forex, and export and cash credit services. As of March 31, 2020, it operated a network of 566 branches comprising 558 general banking branches, 7 commercial banking branches, and 1 satellite branch, as well as 7 extension counters and 973 ATMs. The company was founded in 1926 and is based in Chennai, India.
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