Antique Stock Broking said Karur Vysya Bank has reiterated its FY26 loan growth guidance of around 2 per cent above industry growth
South-based Karur Vysya Bank on Friday reported a 39 per cent jump in net profit to Rs 690 crore for the third quarter ended December 2025. The old-age private sector lender had reported a net profit of Rs 496 crore in the year-ago period. Its core net interest income increased 14.62 per cent to Rs 1,239 crore against Rs 1,081 crore in the corresponding quarter of the previous year on the back of a 17 per cent jump in loans. It also recorded a 0.05 per cent compression in net interest margin at 3.99 per cent. From another income perspective, the commission and fee-based income improved 15.15 per cent to Rs 266 crore. The gross non-performing assets ratio improved 0.12 per cent year-on-year to 0.71 per cent of the overall advances. The bank's overall capital adequacy stood at 16.05 per cent as of December 31, with the core buffer at 15.06 per cent. Its board on Friday decided to reappoint chief executive and managing director B Ramesh Babu for two more years after the end of his
Karur Vysya Bank shares rose after it reported a healthy growth in its business metrics for the quarter ended December 2025
Elara Securities sees the outlook for the third quarter of the current financial year to be better for banking and financial sector. It picked ICICI Bank and State Bank of India as its top pick.
Aakash Shah of Choice Equity Broking's top picks include Tarc, Karur Vysya Bank, and APL Apollo Tubes; check target, stop-loss
Considering the moderation in slippage ratio and adequate PCR, CareEdge Ratings anticipates the Karur Vysya Bank's asset quality to remain stable in the medium term.
Karur Vysya Bank on Friday reported a 21 per cent growth in net profit to Rs 574 crore for the second quarter ended September 30. The private sector bank had a net profit of Rs 474 crore for the July-September quarter. Total income rose to Rs 3,320 crore in Q2 against Rs 2,856 crore in Q2 of FY25. Provisioning also increased to Rs 274 crore during the September quarter of FY26, from Rs 180 crore in the year-ago period. Shares of Karur Vyasya Bank settled at Rs 227.40 apiece, up 0.46 per cent over the previous close on the BSE.
Private sector Karur Vysya Bank has strengthened its footprint with the inauguration of three new branches in Maharashtra, Andhra Pradesh and Tamil Nadu. The Karur-based bank has opened a new branch in KK Nagar, Udayanpatti, Tiruchirappalli in Tamil Nadu, Thane in Maharashtra, and Kurnool in Andhra Pradesh, the bank's Managing Director and CEO Ramesh Babu said. The new branches, which were inaugurated on Monday, would offer a comprehensive range of banking services including accounts, deposits and loans. It would also provide all banking transactions and would meet the specific needs of the customers, a press release from the bank said on Tuesday. Commenting on the branch expansion, Babu said, It is a part of the strategic initiative to strengthen the bank's presence in potential markets and bring services closer to customers. "At KVB, we are continuously working to enhance our service delivery through a combination of physical branches and digital platforms. Last financial year, w