报告名称：Lakshmi Vilas Bank(LVB.IN)Good show across key metrics
报告类型：海外市场
报告日期：2015-10-21
研究机构：金英证券(香港)有限公司
页数：11
简介：Maintain BUY and TP of INR125 based on 1.2x FY17F P/BV.
Strong EPS growth of 42% YoY; seventh successive quarter ofgross NPL drop, now at 1.9%; loan momentum intact with29% YoY growth; improvement in NIMs of 20bps to 2.8%.
2Q results reinforce our positive view. Transformation at LVBis on track. Forecast PAT growth of 35% pa for FY16-17.Valuation at 0.9x FY17F P/BV is attractive.

下载地址：Lakshmi Vilas Bank(LVB.IN)Good show across key metrics