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Karur Vysya Bank LimitedBoard Meeting, 24-07-2025: Outcome of Board Meeting

24-07-2025 | 02:48 pm

Karur Vysya Bank's Board of Directors met today and approved the financial results for the quarter ended June 30, 2025. The bank reported a Net Profit of ₹521.45 Cr, up from ₹458.65 Cr in the same quarter last year. Asset quality improved significantly with Gross NPA falling to 0.66% and Net NPA to 0.19%. The Board also gave a nod to a bonus share issue in a 1:5 ratio, meaning one new share for every five held, subject to shareholder approval. The record date for bonus shares is August 26, 2025. This move aims to reward shareholders and indicates confidence in future performance.

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