Lakshmi Vilas Bank achieved Rs 42,000 crore business so far: COO

Visakhapatnam: Lakshmi Vilas Bank has achieved a business of Rs 42,000 crores as of now and would touch the mark of Rs 50,000 cores in next financial year, its top executive said on Friday. 

"The bank has secured deposits of Rs 24,000 crore and the total advances of Rs 18,000 crores while its net NPA is 0.8 percent," said Chief Operating Officer A.J Vidya Sagar. 

He inaugurated fourth branch of the bank at MVP Colony in the city.