Hot Pursuit     06-Jan-20
Karur Vysya Bank tumbles after MD, CEO PR Seshadri resigns
Karur Vysya Bank slumped 5.27% to Rs 56.6 after the bank's chief executive officer (CEO) and managing director (MD) P R Seshadri resigned, citing personal reasons.
The bank informed stock exchanges on Monday that Seshadri will continue to function till the end of this financial year 2019-20.

On standalone basis, Karur Vysya Bank reported a 24.4% decline in net profit to Rs 63.33 crore on a 11.2% rise in total income to Rs 1815.24 crore in Q2 September 2019 over Q2 September 2018.

Karur Vysya Bank is a privately held Indian bank, headquartered in Karur in Tamil Nadu. The bank operates in four business segments: treasury operations, corporate/ wholesale banking operations, retail banking operations and other banking operations.

Previous News
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 ( Analyst Meet / AGM - Conference Call 23-Jan-24   09:25 )
  Karur Vysya Bank expands its branch network to 827
 ( Corporate News - 31-Oct-23   09:43 )
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 ( Hot Pursuit - 23-Jan-24   12:32 )
  Karur Vysya Bank surrenders its certificate of registration as Merchant Banker
 ( Corporate News - 15-Mar-24   09:12 )
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 ( Hot Pursuit - 01-Jul-24   14:14 )
  Karur Vysya Bank appoints Head Retail Liabilities
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  Karur Vysya Bank
 ( Results - Analysis 18-Jul-23   08:13 )
  Board of Karur Vysya Bank recommends Final Dividend
 ( Corporate News - 24-May-22   12:18 )
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