Lakshmi Vilas Bank can be target for M&A: Seshadri Bharathan

ET Now spoke to Seshadri Bharathan, MD & CEO, KSEMA Fincon Ltd., for a fundamental check on Lakshmi Vilas Bank.

Lakshmi Vilas Bank on the charts?

Definitely if the deal goes through, then it is a win-win situation for Lakshmi Vilas Bank. Apart from that, it is one of the most profitable private sector banks in the small space category and obviously we are seeing that as the banking industry grows, we will see lot of merger and acquisitions happening in this space. So Lakshmi Vilas Bank can be one of the target banks for M&A.