Karur Vysya Bank Limited — Investor Meet, 22-10-2024: Analysts/Institutional Investor Meet/Con. Call Updates
22-10-2024 · 02:00 pm
Karur Vysya Bank reported strong Q2 FY'25 performance with total business growth of 4%, reaching INR 1,76,138 crores. Advances grew 3%, primarily driven by retail and agriculture. The bank's NIM was 4.11% and ROA at 1.72%. Gross NPA declined to 1.1%, with net NPA at 0.28%. The bank is focusing on deposit growth, maintaining a healthy liquidity coverage ratio of 128%. Management expressed confidence in sustaining growth momentum in the upcoming quarters.
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