Page 5 - Karur Vysya Bank

Karur Vysya Bank Q1 net at Rs 148 crore

The total income grew 4.72% to Rs 1,620.38 crore

Karur Vysya Bank releases PO recruitment 2017 notification

Candidates have to apply online before June 19, 2017

Karur Vysya Bank expects business to grow in FY18

Karur-based private lender Karur Vysya Bank is expecting the business to grow better compared to the previous year during the fiscal year, as the market is improving this year, said senior management official. The company is raising around Rs 760 crore through rights issue to support the expected growth."If the economy picks up, which we are seeing and we are also expecting it to go up, naturally that will have an impact, we thought we will raise the capital now," said K Venkataraman, managing director and chief executive officer of the Bank.In the past couple of years the growth was slow, so the capital adequacy ratio was comfortable. The regulatory requirement will also be going up in the next couple of years and the Bank need to have capital so that it can fund its growth. It is expecting the total business to improve at least by 12-15 per cent during the current fiscal year.The Bank has seen the consumption picking up last year, which was the subdued by the demonetisation for ...

Karur Vysya Bank Q4 net profit up by 58% to Rs 217 cr in March quarter

Bank's operating profits increased by 55.30 per cent to Rs 507 cr

Karur Vysya Bank Q1 profit up 9 %

The bank's total income rose to Rs 1,547.31 crore, from Rs 1,518.50 crore in the corresponding period last year

Karur Vysya Bank Q1 net up 8% at Rs 146 crore

As on June 30, 2016 Gross NPA decreased to 1.79 per cent from 1.91 per cent

Karur Vysya Bank increases marginally in Q4

Net interest income increased by 18.94%

Smaller banks could be better bets

City Union and Karur Vysya among preferred picks; valuation gap with larger peers seen narrowing