Lakshmi Vilas Bank Ltd.(Amalgmated)

NSE: LAKSHVILAS | BSE: 534690 | ISIN: INE694C01018 | Industry: Banks
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Chola Wealth Direct
Operating profit dropped to INR1.8bn (de-growth of 9.9% QoQ), which was largely driven by de-growth in other income. Total non-interest income is noted at INR 1.24bn witnessing a decline of 21.2% QoQ (- 6.1% YoY). Fee based income which stood 51% of other income, is expected to be sustainable over the coming quarters....
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