Lakshmi Vilas Bank Profile
Key Indicators
- Authorised Capital ₹ 650.00 Cr
- Paid Up Capital ₹ 336.71 Cr
- Company Age 98 Year, 6 Months
- Last Filing with ROC 31 Mar 2019
About Lakshmi Vilas Bank
Lakshmi Vilas Bank Limited (LVBL) was founded in India on 03 November 1926 and has a glorious history of 98 years and six months.Its registered office is in Karur, Tamil Nadu, India.
The Corporate was formerly known as The Lakshmi Vilas Bank Limited. The Company is engaged in the Financial Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2019. It's a company limited by shares with an authorized capital of Rs 650.00 Cr and a paid-up capital of Rs 336.71 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Lakshmi Vilas Bank Limited India are Krishnan Hariharan as CFO and Ramanathan Natarajan as Company Secretary. Sudhakara Gunneswaran, Satish Kalra, Shakti Sinha, and Three other members serve as directors at the Company.
Company Details
- Location
Karur, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L65110TN1926PLC001377
- Company No.
001377
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
03 Nov 1926
- Date of AGM
27 Sep 2019
- Date of Balance Sheet
31 Mar 2019
- Listing Status
Listed
- ROC Code
Roc Chennai
Industry
Financial Services
Lakshmi Vilas Bank Limited
Explore comprehensive data for Lakshmi Vilas Bank Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Lakshmi Vilas Bank?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Krishnan Hariharan | CFO | 30-Jun-2020 | Current |
Ramanathan Natarajan  | Company Secretary | 30-Dec-2011 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Meeta Makhan | Director | 23-Jan-2020 | Current |
| Sudhakara Gunneswaran | Director | 27-Sep-2017 | Current |
| Satish Kalra | Director | 02-Dec-2019 | Current |
| Shakti Sinha | Director | 02-Dec-2019 | Current |
| Rajnish Kumar | Additional Director | 17-May-2017 | Current |
| Sundaram Shankar | Additional Director | 18-Nov-2019 | Current |
Financial Performance of Lakshmi Vilas Bank.
Enhance accessibility to Lakshmi Vilas Bank's financial data by unlocking access to both Standalone and Consolidated balance sheets, Profit & Loss Statements, Ratios, Related Party Transactions, and additional relevant information.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Lakshmi Vilas Bank?
In 2019, Lakshmi Vilas Bank had a promoter holding of 7.11% and a public holding of 92.90%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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North East Small Finance Bank LimitedSatish Kalra is a mutual person
Equitas Small Finance Bank LimitedRamanathan Natarajan is a mutual person
S V Creditline LimitedMeeta Makhan is a mutual person
Kanoria Chemicals & Industries LtdMeeta Makhan is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Lakshmi Vilas Bank?
Lakshmi Vilas Bank has a workforce of 0 employees as of Mar 28, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Lakshmi Vilas Bank, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Lakshmi Vilas Bank's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Lakshmi Vilas Bank
Recent activity within the organization
- Director Appointment
Krishnan Hariharan was appointed as a Cfo was appointed as a Cfo on 30 Jun 2020 & has been associated with this company since 4 years 10 months .
- Director Appointment
Meeta Makhan was appointed as a Director was appointed as a Director on 23 Jan 2020 & has been associated with this company since 5 years 4 months .
- Director Appointment
Satish Kumar Kalra was appointed as a Director was appointed as a Director on 02 Dec 2019 & has been associated with this company since 5 years 5 months .
- Director Appointment
Shakti Sinha was appointed as a Director was appointed as a Director on 02 Dec 2019 & has been associated with this company since 5 years 5 months .
- Director Appointment
Sundaram Shankar was appointed as a Additional Director was appointed as a Additional Director on 18 Nov 2019 & has been associated with this company since 5 years 6 months .
- Annual General Meeting
Lakshmi Vilas Bank Limited last Annual general meeting of members was held on 27 Sep 2019 as per latest MCA records.
Recent News, Updates & Announcement
- RBI Slaps Fines on Lakshmi Vilas Bank and Syndicate Bank for Non-Compliance with Asset Classification and Fraud Detection Rules.
RBI fines Lakshmi Vilas Bank and Syndicate Bank for not following rules on classifying assets and detecting fraud. Penalty of Rs1 crore and Rs75 lakh respectively. This is because they didn't follow RBI's directions on income recognition, fraud classification, and housing loans. RBI says this doesn't mean their transactions with customers are bad, just that they didn't follow rules..
- Indiabulls plunges 19 per cent post-LVB deal rejection.
IBHFL tumbled 18.85 per cent to close at Rs 195 on the BSE. .
Frequently asked questions
What is the Incorporation or founding date of Lakshmi Vilas Bank Limited?
Lakshmi Vilas Bank Limited was incorporated on 03 Nov 1926.
What is authorized share capital and paid-up capital of Lakshmi Vilas Bank Limited?
The authorized share capital of Lakshmi Vilas Bank Limited is ₹ 650.00 Cr and paid-up capital is ₹ 336.71 Cr.
Who are the current board members & directors of Lakshmi Vilas Bank Limited?
Currently 8 directors are associated with Lakshmi Vilas Bank Limited.
- Sudhakara Gupta Gunneswaran
- Satish Kumar Kalra
- Shakti Sinha
- Meeta Makhan
- Rajnish Kumar
- Sundaram Shankar
- Krishnan Hariharan
- Ramanathan Natarajan
What is the registered address of Lakshmi Vilas Bank Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Lakshmi Vilas Bank Limited is Salem Road Kathaparai Karur, Karur India, Tamilnadu, Tamil Nadu, 639006.
What is the corporate identification number (CIN) and company number of Lakshmi Vilas Bank Limited?
The corporate identification number (CIN) of Lakshmi Vilas Bank Limited is L65110TN1926PLC001377 and the company number is 001377 as per Ministry of Corporate Affairs (MCA).
What is the official website of Lakshmi Vilas Bank Limited?
The Official website of Lakshmi Vilas Bank Limited is https://www.lvbank.com
When was the last Balance Sheet of Lakshmi Vilas Bank Limited filed with the ROC?
The most recent Balance Sheet for Lakshmi Vilas Bank Limited was filed with the ROC on 31 Mar 2019.
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