Tamil Nadu-headquartered Karur Vysya Bank has regrouped its December quarter (Q3FY23) numbers. According to the lender’s Q3FY24 business update, the numbers are different, compared to its figures in Q3FY23.The re-grouping of the bank’s Q3FY23 numbers mean that the year-on-year (YOY) growth rates have seen changes as follows:
– Total business at ₹1,58,357 crore, up 14.74% year-on-year.
– Deposits at 12.82% vs without re-grouping at 11.67%
– Advances at 17.09% vs without re-grouping at 12.69%
– CASA at ₹27,012 crore, up 4.7%The bank had reported a 51% surge in net profit at ₹378 crore in the second quarter of this fiscal (Q2FY24).The Tamil Nadu-based company’s operating profit for…
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