Friday, January 29, 2016

Lakshmi Vilas Bank makes key announcments


  • Shri.P.Mukherjee takes over as MD&CEO of Lakshmi Vilas Bank
  • Launches Mobile Banking App “LVB Mobile”

Lakshmi Vilas Bank, a growing private sector bank, today, launched its mobile banking app to customers viz “LVB Mobile”. Shri P.Mukherjee, who has recently taken over as MD & CEO of Lakshmi Vilas Bank, launched the APP in the presence of other senior officials of the Bank.

Shri Mukherjee is a banker with vast experience of 33 years predominantly in Axis Bank and also in State Bank of India. He has extensive knowledge in the areas of Corporate Banking, Treasury, International Trade and Finance and held prestigious arrangements both in India and abroad. His last assignment was as the Group Executive – Corporate Relations and International Business in Axis Bank.

The Mobile Banking Application "LVB Mobile” will allow customers to do transactions via mobile, without visiting the branch. It is like “bank at finger tips”.

The app is smart phone based (Android, Windows, IOS). The Mobile Banking App will have key facilities for customers like Balance Enquiry,  Fund Transfer, Recharge of Mobile, Payment of Bills, and other miscellaneous  features like Stop Payment, Cheque Book request, Blocking of  Debit Card, Mini Statement, ATM & Branch locator etc. The Bank is also working on introducing Mobile Wallet services to its customers shortly. The Bank has ambitious plans to provide the Best in Digital Banking to its customers.

Speaking on the occasion, Shri. P Mukherjee, MD, Lakshmi Vilas Bank said “the Bank has been on a growth path in the recent past and has also improved its asset quality considerably. It wants to keep abreast of competition in the digital space also and the launch of “LVB Mobile” is an important step in that direction”. He further added the Bank will take several such initiatives in the coming days”.

Adding to this, Shri Mukherjee said, "This day marks the Bank's foray into Digital Space in more ways than one. He mentioned that the Bank is inaugurating its first Cash Deposit Machine at the Global Village Campus in Bangalore today and that the Bank has plans to install a total of 10 such machines in the next 2-3 months. He also said that the Bank is planning to soon open E lounges at important locations for the convenience of customers"


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