FLASH NEWS

  • 11 Dec 2016

    “10th Quarterly results on a positive Note”. Performance for the quarter ended 30th Sep 2016 Vs quarter ended 30th Sep 2015 • Net Profit increased by 44.66 % from Rs.44.83 Crs to Rs.64.85 Crs • Operating Profit up by Rs. 69.61% from Rs. 93.40 Crs to Rs.158.42 Crs. • Net NPA of the Bank stood at 1.87 % as against 1.01% as of previous year. • H1 Net Profit of the Bank up by Rs.47.53% to Rs.125.53 Crs • NII registered a growth of 19.21% to Rs.364.23 Crs. • Other Income of the Bank grown by 54.96% during H1 of FY16-17

  • 11 Dec 2016

    “10th Quarterly results on a positive Note”. Performance for the quarter ended 30th Sep 2016 Vs quarter ended 30th Sep 2015 • Net Profit increased by 44.66 % from Rs.44.83 Crs to Rs.64.85 Crs • Operating Profit up by Rs. 69.61% from Rs. 93.40 Crs to Rs.158.42 Crs. • Net NPA of the Bank stood at 1.87 % as against 1.01% as of previous year. • H1 Net Profit of the Bank up by Rs.47.53% to Rs.125.53 Crs • NII registered a growth of 19.21% to Rs.364.23 Crs. • Other Income of the Bank grown by 54.96% during H1 of FY16-17

G.S. MESSAGE

Our beloved LVBOA is entering the “GOLDEN JUBILEE YEAR” on 02.10.2015. Our Association was formed on 02.10.1966 at Salem. We would like to recapitulate the journey of our association thus far.

The founding fathers of the Association are: Sri. M. Ramalingam, President Sri. V. Varadharajan, Vice President Sri. P.T. Kishnamoorthy, General Secretary Sri. K.M. Subramanian, Joint Secretary Sri. K. Parthasarathy, Treasurer

34th GENERAL BODY MEETING AND 15th BIENNIAL CONFERENCE & Golden Jubilee Celebration AT CHENNAI ON 22nd & 23rd OCTOBER 2016.

We are happy to inform to all that we had obtained a stay, against the provisions of the Income Tax on concessional rate of interest. Hence until further orders received in this regard from court, (Perquisites) pertaining to concessional rate of interest, the provisions of the Income Tax, that the difference between the rate in interest charged for the staff loans and State Bank of India rate of interest need not be treated as perquisites while calculating Income tax for the financial year 2016-17.

QUOTES OF THE DAY

  • Customer is the most important person for our business

    - Mahatma Gandhi
  • Adversity is another way to measure the greatness of individuals. I never had a crisis that didnt make me stronger

    - Lou Holtz
  • 100 % of the shots you dont take dont go in.

    - Wayne Gretzky
  • Justice without force is powerless;force without justice is tyrannical

    - Blaise Pascal
  • Do not dwell in the past, do not dream of the future, concentrate the mind on the present moment.

    - Buddha
  • Just dont give up trying to do what you really want to do. Where theres love and inspiration, I dont think you can go wrong.

    - Ella Jane Fitzgerald
  • The mode by which the inevitable comes to pass is effort.

    - Oliver Wendell Holmes
  • Identify your problems but give your power and energy to solutions.

    - Tony Robbins
  • Open your eyes, look within. Are you satisfied with the life youre living?

    - Bob Marley
  • My formula for living is quite simple. I get up in the morning and I go to bed at night. In between, I occupy myself as best I can.

    - Cary Grant
  • Everyone should be respected as an individual, but no one idolized.

    - Albert Einstein
  • The grass is greener where you water it?

    - Danielle Luedtke
  • The difference between a successful person and others is not a lack of strength, not a lack of knowledge, but rather a lack of will

    - Vince Lombardi
  • The more difficulties one has to encounter, within and without, the more significant and the higher in inspiration his life will be.

    - Horace Bushnell
  • Great minds discuss ideas; average minds discuss events; small minds discuss people.

    - Eleanor Roosevelt
  • Believe in yourself! Have faith in your abilities! Without a humble but reasonable confidence in your own powers you cannot be successful or happy.

    - Norman Vincent Peale
  • Learn from yesterday, live for today, hope for tomorrow. The important thing is not to stop questioning.

    - Albert Einstein
  • If you dont design your own life plan, chances are youll fall into someone elses plan. And guess what they have planned for you? Not much

    - Jim Rohn
  • In the end, its not the years in your life that count. Its the life in your years.

    - Abraham Lincoln
Top