“If we had doubts, we would probably not have proceeded to the extent that we had.”

Mukherjee will he at the helm for another two years from January 25. The decision was taken by the board Wednesday. Reserve Bank of India h...

The bank has recovered Rs 370 crore so far and is looking to recover another Rs 500-700 crore in the next two quarters.

The stock fell 11.54 per cent to hit a low of Rs 82 on BSE.

Parthasarathi Mukherjee, MD & CEO, LVB and Jaspal Bindra, executive chairman, Centrum Group have signed a Memorandum of Understanding on Mo...

For the first time since its inception in 1926, the bank sold shares in a private placement to institutional investors which included Axis ...

Lakshmi Vilas Bank extended loans worth Rs 1,000 crore to Rs 1,500 crore to SMEs in the last fiscal year ending March 2016 but there was fl...

"We have been very careful and the SME and the retail teams are looking around and will be extremely careful in these difficult times and w...

"It is an interesting quarter for anybody dealing with banks, especially when demonetisation was announced. There are positives as well as ...

With Parthasarathi Mukherjee at the helm, the bank has built a senior team of several senior bank executives, who came from bulge-bracket l...

"My sense is more than half of these are for loans of less than one crore each and these have been across various sector, these would add u...

"The bank will raise money through a qualified institutional placement, or a preferential route," said Managing Director Parthasarathi Mukh...

Lakshmi Vilas Bank is targeting to raise Rs 400 crore in core equity from private equity funds and the promoters over the next six months t...

"We have internally worked for ourselves certain benchmarks and we placed certain mile stones in front of us."

Lakshmi Vilas Bank today said Parthasarathi Mukherjee will be bank's new managing director and chief executive officer.

Axis Bank group executive Parthasarathi Mukherjee, who has put in his papers a few weeks ago, is believed to be in the reckoning for the to...

"We will be trying to take advantage of the increasing Indo-Bangla trade," Axis Bank group executive Parthasarathi Mukherjee told ET.