The total business of the bank stood at Rs 1,70,058 crore as on 30 June 2024, up 15.16% from Rs 1,47,671 crore recorded in the same period a year ago.
Total deposits grew by 14.41% to Rs 92,349 crore as on 30 June 2024 as compared with Rs 80,715 crore as on 30 June 2023.
The bank’s CASA deposits improved by 5.62% YoY to Rs 28,042 crore as on 30 June 2024.
Karur Vysya Bank is a Scheduled Commercial Bank, headquartered in Karur in Tamil Nadu, India.
The bank's standalone net profit surged 35% to Rs 456.10 crore on 29.7% increase in total income to Rs 2,813.42 crore in Q4 FY24 over Q4 FY23.
The scrip rose 0.51% to Rs 207.70 on the BSE.