Lakshmi Vilas Bank : liquidity coverage ratio is at a comparable level more than what is prescribed by the RBI


Clarification Statement

Press Release from Lakshmi Vilas Bank

This is in response to the misleading articles appearing in the media recently regarding “Lakshmi Vilas Bank”.

We would like to inform that the said articles are misleading and factually incorrect. 

Our liquidity coverage ratio is at a comparable level more than what is prescribed by the Regulator and we are in the process of recovering our NPAs and our quantum of NPA has in fact marginally come down in the last quarter (December 2019).  



The bank would like to take this opportunity to assure our customers that their deposits are safe in our bank.  We also request our customers to ignore any market rumours that are based on unfounded news reports. We will keep you informed about our capital raising plans as per the regulations in force.

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