Private sector lender Karur Vysya Bank on Monday (October 2) reported substantial year-on-year (YoY) growth in its key financial metrics during the second quarter of 2023, as indicated by the bank’s business update.As of September 30, 2023, Karur Vysya Bank’s total business stood at Rs 1,53,514 crore, reflecting a growth of 14.15 percent compared to the same period in the previous year. The bank’s total deposits surged to Rs 83,068 crore, marking a 13.17 percent growth year-on-year.Karur Vysya Bank’s advances also experienced remarkable growth, reaching Rs 70,446 crore as of September 30, 2023. This represents a 15.32 percent year-on-year growth, the bank stated in an exchange filing.The…
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