The bank's total business stood at Rs 1,47,820 crore as on 30 June 2023, up 13.84% from Rs 1,29,851 crore recorded in the same period a year ago.

Advances jumped 13.95% to Rs 67,105 crore as on 30 June 2023 as compared with Rs 58,890 crore as on 30 June 2022.

As on 30 June 2023, the bank's advances grew by 16.55% year on year (YoY), without considering technical written off amount of Rs 1,532 crore made during the period of June 2022 to March 2023.

CASA deposits improved by 2.44% YoY to Rs 26,549 crore as on 30 June 2023.

Karur Vysya Bank is a Scheduled Commercial Bank, headquartered in Karur in Tamil Nadu, India.

The bank's net profit rose 58.3% to Rs 337.82 crore and total income rose 34.3% to Rs 2,169.13 crore in Q4 FY23 over Q4 FY22.

Shares of Karur Vysya Bank gained 0.86% to Rs 129.05 on the BSE.