
RBI’s draft gold loan norms may boost banks’ market share over NBFCs, says KVB CEO B Ramesh Babu. KVB’s gold…
Kotak Institutional Equities reaffirms ‘Buy’ on Karur Vysya Bank for strong fundamentals; discover the growth potential now.
KVB’s retail growth was similar to last quarter and the majority of the growth has come from mortgages, both residential…
HDFC Asset Management Company received approval from the Reserve Bank of India to acquire additional holdings of up to 9.5…
Total income during the quarter under review increased to Rs 2,216 crore from Rs 1,673 crore in FY23, Karur Vysya…
The restructuring portfolio likely to perform well and it has been adequately provided.
“We are delighted to inaugurate our 800th branch and other new branches today, which will provide our customers improved access…
Net interest income — interest earned minus expended — grew by 21 per cent to Rs 831 crore during the…
Net interest income for the quarter improved 17% to Rs 746 crore for the current quarter vis-à-vis Rs 638 crore…
Total income rose to Rs 1,672.60 crore in Q1FY23 as against Rs 1,579.26 crore in Q1FY22.
Currently, banks follow external benchmarks or repo linked lending rates to disburse loans.
Several banks have hiked the repo linked lending rates following RBI’s out of turn hike in repo rate by 0.40…
Net interest margin stood at 3.68%. Non-interest income (excluding treasury profit) improved to Rs 209 crore, compared with Rs 197…
Mastek shares closed 5.28 per cent down at Rs 158.00 after the company posted 70 per cent quarter-on-quarter fall in…
During the quarter, the gross non-performing assets (NPAs) rose to 1.96 per cent from 1.36 per cent at the end…
Karur Vysya Bank has registered a 15.2% jump in the net profit to Rs 137.83 crore in the quarter ended…