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Lakshmi Vilas Bank recommends 25 p.c.

Lakshmi Vilas Bank's business volume grew by 25.38 per cent from Rs. 5,813.64 crore to Rs. 7,289.20 crore in 2005-06. Deposits have risen from Rs. 3,495.92 crore to Rs. 4,336.38 crore. The net profit has shot up from Rs. 3.34 crore to Rs. 22.47 crore. Net NPA stands at Rs. 55.59 crore as on March 31, 2006, against Rs. 115.05 crore. The board of directors has recommended a dividend of 25 per cent.

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