Lakshmi Vilas Bank Q2 net loss widens

Lakshmi Vilas Bank Q2 net loss widens Chennai, Nov 9 (PTI): Private sector Lakshmi Vilas Bank onSaturday reported a net loss at Rs 357.17 crore for thequarter ending September 30, 2019.

The Tamil Nadu based bank had clocked net loss atRs 132.30 crore during the year ago period.

For the six month period ending September 30, net loss wasat Rs 594.42 crore as against Rs 256.17 crore in the sameperiod last year.

Total income for the July-September quarter was atRs 665.33 crore as against Rs 800.50 crore, the bank said in apress release.

For the half year period ending September 30, totalincome was at Rs 1,342.50 crore as against Rs 1,588.00 crorein the year ago period. PTI VIJBN BN