Hot Pursuit     03-Jan-22
Karur Vysya Bank gains after Q3 business update
Karur Vysya Bank rose 1.75% to Rs 46.45 after the bank's total deposits increased by 7.7% to Rs 66,871 crore as on 31 December 2021 from Rs 62,089 crore as on 31 December 2020.

CASA deposits improved by 12.2% YoY to Rs 24,128 crore as on 31 December 2021.

Advances were at Rs 55,793 crore as on 31 December 2021, up by 7.1% from Rs 52,113 crore as on 31 December 2020.

Karur Vysya Bank is one of the earliest banks in the country to achieve full networking of its branches under Core Banking Solutions. The branch had a branch network of 780 and an ATM and cash recyclers network of 2236 as on 31 March 2021.

The bank's net profit rose 44.01% to Rs 165.45 crore on 1.04% decrease in total income to Rs 1561.05 crore in Q2 FY22 over Q2 FY21.

Previous News
  Karur Vysya Bank to inaugurate new branch
 ( Corporate News - 12-Apr-24   09:08 )
  Karur Vysya Bank
 ( Results - Analysis 16-Oct-23   20:59 )
  Karur Vysya Bank appoints Head Retail Liabilities
 ( Corporate News - 02-Jul-24   09:33 )
  Karur Vysya Bank hikes MCLR by 5 bps across tenors
 ( Corporate News - 06-Oct-23   09:05 )
  Karur Vysya Bank announces cessation of director
 ( Corporate News - 28-Aug-23   09:52 )
  Karur Vysya Bank to declare Quarterly Result
 ( Corporate News - 13-Jan-23   11:38 )
  Karur Vysya Bank allots 48,317 equity shares under ESOS
 ( Corporate News - 26-Aug-23   13:15 )
  CRISIL reaffirms Karur Vysya Bank's CD rating
 ( Hot Pursuit - 30-Aug-22   11:52 )
  Karur Vysya Bank receives affirmation in ratings for CDs
 ( Corporate News - 30-Aug-22   10:29 )
  Karur Vysya Bank to announce Quarterly Result
 ( Corporate News - 06-Oct-23   10:22 )
  Karur Vysya Bank enters into bancassurance arrangement with HDFC Life
 ( Corporate News - 18-Dec-23   18:20 )
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