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LKB to open three more branches

KOCHI: The Kodungallur-based Lord Krishna Bank is to open three more branches. This was stated by the Managing Director and Chief Executive Officer, R. M. Nayak, while inaugurating the relocated branch at Perinjanam. Out of 111 branches, 69 branches are in Kerala and 75 per cent of the client base is from the State.

Nearly 52 per cent of the deposit of the bank is sourced from Kerala and it has sanctioned nearly 30 per cent of the total advances through Kerala branches, Mr. Nayak said.

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