Karur Vysya Bank Limited — Updates, 20-05-2025: Press Release
20-05-2025 | 12:17 pm
20-05-2025 | 12:17 pm
Karur Vysya Bank has announced a board meeting on the financial results for the quarter and half-year. The bank’s annual profit rose 21% YoY to ₹1,942 Cr, supported by 14% growth in advances and deposits. Retail and mid-corporate segments grew nearly 20%. Total business surpassed ₹1.87 lakh Cr, with deposits over ₹1 lakh Cr. NIM slightly dipped to 4.09%, while asset quality improved (GNPA 0.76%, NNPA 0.20%). Cost-to-income ratio improved to 47.25%, and capital adequacy stood strong at 18.17%, enabling further growth.
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