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Lakshmi Vilas Bank swings into black, posts Rs 93 crore profit in Q4FY20

Lakshmi Vilas Bank swings into black, posts Rs 93 crore profit in Q4FY20

Lakshmi Vilas Bank swings into black, posts Rs 93 crore profit in Q4FY20 The private sector lender, struggling to shore up capital to improve its financial position, also saw a decline in income during March quarter at Rs 629.76 crore compared with Rs 739.73 crore in the year-ago same period as it has been witnessing deposit erosion since last September.