Karur Vysya Bank Limited — Updates, 17-10-2024: Press Release

Karur Vysya Bank reported strong financial results for the half year ended September 30, 2024. Total business grew 14.74% year-over-year, reaching ₹1,76,138 crore, while net profit rose 26.46% to ₹932 crore. Key metrics include a loan book increase of 13.98% and a CASA ratio of 29.46%. Asset quality improved, with GNPA at 1.10%. The bank maintains a robust capital adequacy ratio of 16.28% and plans to sustain growth across retail, agriculture, and MSME sectors.