Karur Vysya Bank Business Update
Karur Vysya Bank reported total business of ₹227,265 Cr as on 30 June 2026, up 15.94% YoY. Advances rose to ₹104,678 Cr, a 17.12% increase.
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Karur Vysya Bank reported total business of ₹227,265 Cr as on 30 June 2026, up 15.94% YoY. Advances rose to ₹104,678 Cr, a 17.12% increase.
ICRA reaffirmed the ICRA A1+ rating for Karur Vysya Bank's Rs. 12,000 Crore Certificate of Deposit Programme. The programme limit was enhanced from Rs. 10,000 Crore.
ICRA has reaffirmed the issuer rating of Karur Vysya Bank at [ICRA]AA (Stable). This rating maintains the bank's credit profile.
Karur Vysya Bank will hold a board meeting on July 20, 2026. The agenda includes reviewing quarterly unaudited financial results.
Karur Vysya Bank raised FCNR deposit rates, offering up to 7.00% p.a. on USD deposits. This move aims to attract NRI deposits with tax-efficient, rupee-risk-free returns.
ICRA reaffirmed the [ICRA]A1+ rating for Karur Vysya Bank's ₹10,000 Crore Certificate of Deposit Programme. This confirms strong liquidity and creditworthiness for investors.
Karur Vysya Bank is inaugurating a new branch in Villivakkam, Chennai on June 04, 2026. This expansion strengthens the bank's retail presence in the Tamil Nadu region.
Karur Vysya Bank launched a premium Visa credit card portfolio featuring four distinct variants. The move strengthens its affluent banking proposition and enhances customer lifestyle engagement.
Karur Vysya Bank received an Income Tax appeal order partly allowing its contest against a ₹40.34 Crore demand. The bank plans further challenges to set aside the demand.
Karur Vysya Bank revised its Marginal Cost of Funds Based Lending Rates (MCLR) effective May 22, 2026. Most tenors saw rate reductions, impacting lending yields.
KVB delivered record annual PAT of ₹2,500 cr with FY26 NIM at 3.97%. Strategy focuses on asset quality and RAM verticals which constitute 86% of advances.
Karur Vysya Bank delivered strong Q4 FY26 results with PAT growing 41% YoY to ₹725 Cr. Focus remains on RAM-led growth and maintained asset quality.
Karur Vysya Bank reports strong Q4 FY26 results with Net Profit up 41% YoY to ₹725 Cr. Focus remains on RAM vertical growth and asset quality.
Karur Vysya Bank recommended a dividend of ₹2.60 per equity share (130%) for FY2025-26. The dividend is subject to shareholder approval at the upcoming Annual General Meeting. Record date details will be announced later.
Karur Vysya Bank Ltd reported revenue from operations of ₹2,904 Cr (+15.4% YoY) and net profit of ₹725 Cr (+41.2% YoY) for Q4 FY26.
Karur Vysya Bank Limited reported audited financial results for FY 2025-26, posting a net profit of ₹2,510.33 Crore for the full year. The Board recommended a dividend of 130% (₹2.60 per share). These results reflect the bank's annual performance and capital adequacy position as of March 31, 2026.
Karur Vysya Bank inaugurated a new divisional office in Tiruppur to enhance operational efficiency and localized credit sanctioning for MSMEs and textile exporters. This expansion positions senior leadership closer to customers, facilitating swifter loan processing. The bank currently operates 37 branches in the region and reported a Q3 FY26 net profit of ₹690 Crore.
Karur Vysya Bank expanded its presence in Tamil Nadu by opening a new branch in Thirupuvanam, Sivaganga district. This marks the bank's 902nd branch nationwide and its first inauguration for the current financial year. The expansion aims to enhance access to financial services for local agricultural and industrial hubs.
Karur Vysya Bank received RBI approval to re-appoint Shri B Ramesh Babu as Managing Director & CEO for a third two-year term, effective July 29, 2026. This regulatory clearance ensures leadership continuity for the bank.
Karur Vysya Bank Ltd will hold a Board Meeting on May 07, 2026, to consider and approve audited financial results for the quarter and year ended March 31, 2026. The board will also consider recommending a dividend on equity shares for the same period.
Karur Vysya Bank announced the opening of a new branch in Thirupuvanam, Sivaganga District, Tamil Nadu. The branch (Serial No. 902) is scheduled to open on April 27, 2026. This expansion enhances the bank's regional presence and service accessibility for customers in the Madurai-Mandapam road area.
Karur Vysya Bank Limited has announced a revision in its Marginal Cost of Funds Based Lending Rates (MCLR) effective April 22, 2026. The overnight MCLR is revised to 8.85%, while the one-year MCLR stands at 9.15%. These adjustments reflect changes in the bank's cost of funds and impact lending rates across various tenors.
Karur Vysya Bank announced the results of its postal ballot held on April 17, 2026. Shareholders approved the re-appointment of Shri B Ramesh Babu as MD & CEO and CA Dr Chinnasamy Ganesan as Non-Executive Independent Director. Both resolutions were passed with the requisite majority via remote e-voting.
Karur Vysya Bank Limited announced the resignation of Mr. Shekhar Ramarajan, effective July 12, 2026. This administrative change follows the bank's regulatory disclosure requirements for changes in management personnel.
Shri Shekhar Ramarajan, General Manager & Head of Corporate & Institutional Group at Karur Vysya Bank, has resigned effective April 13, 2026, citing personal reasons. The Bank's Executive Director will oversee the portfolio to ensure leadership continuity. His tentative relieving date is set for July 12, 2026.
Karur Vysya Bank Ltd reported net profit of ₹690 Cr (+39.1% YoY) for Q3 FY26.