Category: Karur Vysya Bank

Highlights:

The Bank had crossed historical milestone of total assets of Rs 1 Trillion (Rs 1,00,000 cr)
Total Business up by 14.74% YOY and 3.15% for the quarter.
Deposits up by 12.82% YOY and 3.12% for the quarter.
Loan Book grew at 17.09% YOY and 3.19% for the quarter.
CASA up by 4.70% YOY, CASA ratio stood at 31.53%. 
Net Profit up by 49.60% YOY.
NIM at 4.20%, up by 9 bps YOY.
Other Income up by 35.88% YOY. 
ROA at 1.65% for the quarter. 
ROE at 17.20% for the quarter. 
GNPA at 1.58%, NNPA at 0.42%. 
PCR at 94.81%.
Capital adequacy ratio (CRAR) stood at 15.39% with CET 1 ratio of 13.87%.

 
Mr. Ramesh Babu B, Managing Director & CEO, The Karur Vysya Bank said, “We have been…
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Source: https://www.psuconnect.in/news/karur-vysya-bank-financial-results-for-quarter-and-nine-months-ended-dec-2023/40920

The Karur Vysya Bank Limited (the Bank) is an India-based banking company. The Bank is engaged in providing a wide range of banking and financial services, including commercial banking and treasury operations. Its segments include Treasury, Corporate and Wholesale Banking, Retail Banking, and Other Banking Operations. The Treasury segment comprises of investments in central and state government securities, debt instruments of banks, insurance companies, PSUs and corporates, certificate of deposits, mutual funds, and security and receipts, among others. The Corporate and Wholesale Banking segment includes all advances to trusts, partnership firms, companies and statutory bodies….
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Source: https://www.marketscreener.com/quote/stock/THE-KARUR-VYSYA-BANK-LIMI-31946423/news/Transcript-The-Karur-Vysya-Bank-Limited-Q3-2024-Earnings-Call-Jan-22-2024-45784923/

22 Jan 2024, 10:24:27 AM ISTKarur Vysya Bank share price update :Karur Vysya Bank trading at ₹170.15, up 0.53% from yesterday’s ₹169.25 The current stock price of Karur Vysya Bank is ₹170.15, with a percent change of 0.53. This means that the stock price has increased by 0.53% compared to the previous trading day. The net change is 0.9, indicating that the stock price has increased by ₹0.9 from the previous trading day.
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Source: https://mintgenie.livemint.com/amp/news/markets/karur-vysya-bank-share-price-live-blog-for-22-jan-2024-151705892461071

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Private sector Karur Vysya Bank and HDFC Life have entered into a corporate agency agreement to offer life insurance products to their respective customers.
This corporate agency arrangement would enable customers of Karur Vysya Bank to avail HDFC Life’s wide range of life insurance products which include solutions for protection, savings and investment, retirement and critical illness, a press release said on Tuesday. “Our corporate tie-up with HDFC Life will provide one more option to our customers while…
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Source: https://www.moneycontrol.com/news/business/banks/karur-vysya-bank-hdfc-life-enter-into-corporate-agency-tie-up-11929851.html/amp

He holds Bachelor’s degree in Electrical Engineering from the Delhi College of Engineering and a Post Graduate Diploma in Management from Indian Institute of Management, BangaloreP R Seshadri, managing director and CEO of South Indian BankBS Reporter Chennai
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Source: https://www.business-standard.com/amp/companies/people/p-r-seshadri-to-become-new-managing-director-and-ceo-of-south-indian-bank-123081800751_1.html

Karur Vysya Bank (KVB) on Friday opened 10 new branches, six in Tamil Nadu, two in Andhra Pradesh, one in Telangana and one in Karnataka. With this the total branch network of the bank has increased to 822. New branches in Tamil Nadu have been opened at Bheema Nagar in Tiruchi; Selvapuram, Coimbatore; Uthukuli; Ayapakkam, Chennai; Alangudi and Bagalur Road, Hosur, according to a KVB press release.
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Source: https://www.thehindu.com/news/cities/Tiruchirapalli/karur-vysya-bank-opens-10-new-branches/article67234916.ece/amp/

HomeViews On NewsOct 27, 2023 – Ace Investor Mukul Agrawal Adds Stake in Rakesh Jhunjhunwala Held Private Bank Stock

Oct 27, 2023

Stocks can be risky investments. The past three days’ carnage has had investors thinking along these lines.
Huge intraday swings and relentless volatility seem to have only grown more frequent and intense in recent years.
After falling consistently for six consecutive sessions, benchmark indices jumped sharply in early trade today, with the BSE Sensex gaining over 500 points in early trade. The 50-share Nifty 50, too, made a strong comeback today as it rose above 19,000…
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Source: https://www.equitymaster.com/detail.asp?date=10/27/2023&story=4&title=Ace-Investor-Mukul-Agrawal-Adds-Stake-in-Rakesh-Jhunjhunwala-Held-Private-Bank-Stock

NewsVoir HT Image {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} Mumbai (Maharashtra) [India], December 19: HDFC Life, one of India’s leading life insurers, and Karur Vysya Bank have entered into a Corporate Agency (CA) arrangement, today. Stay tuned for all the latest updates on Ram Mandir! Click here This CA arrangement will enable customers of Karur Vysya Bank to avail HDFC Life’s wide range of life insurance products which include solutions for protection, savings and investment, retirement and critical illness. India is largely under-insured. The protection gap in India is higher than that of most developed markets. For every…
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Source: https://www.hindustantimes.com/business/hdfc-life-enters-into-a-corporate-agency-tie-up-with-karur-vysya-bank-kvb-to-offer-life-insurance-solutions-to-its-customers-101702964692690-amp.html

Karur Vysya Bank Stock Price TodayKarur Vysya Bank Share Price Today : The last day of trading for Karur Vysya Bank saw the open price at ₹168.8 and the close price at ₹169.1. The stock reached a high of ₹173.2 and a low of ₹165.15 during the day. The market capitalization of the bank is ₹13,778.5 crore. The 52-week high for the stock is ₹176.75, while the 52-week low is ₹92.8. The BSE volume for the day was 113,706 shares.Disclaimer: This is an AI-generated live blog and has not been edited by MintGenie staff.
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Source: https://mintgenie.livemint.com/news/markets/karur-vysya-bank-share-price-live-blog-for-19-jan-2024-151705632401036