 "Karur Vysya Bank Q2 profit up by 51% to Rs 142 cr")
Total income rose to Rs 1,570.27 crore from Rs 1,494.86 crore.
Bank's gross NPA rose to Rs 732.04 crore from Rs 470.74 crore, as percentage it was increased to 1.96% from 1.36%. Net NPA was Rs 354.52 crore as against Rs 207.59 crore.
Net interest income for the second quarter increased by 29.64% to Rs 437.42 crore from Rs 337.42 crore. Net interest margin improved from 2.67% to 3.39% as compared to the corresponding quarter last year.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app