KARURVYSYANSEKarur Vysya Bank Limited· BanksHighNeutral
Announced Wed, 1 Jul · 13:23 IST

Karur Vysya Bank reports strong business growth, advances up 17% YoY

KARURVYSYA · price

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Price reaction · full curve 14 horizons · vs prior close
-0.3%1-day move
₹295.40
prior close
₹296.45
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AI summary

Karur Vysya Bank reported provisional Q1 FY27 business figures. Total business stood at Rs 2,27,265 crore, up 15.94% YoY and 5.99% QoQ. Advances grew 17.12% YoY to Rs 1,04,678 crore. Total deposits rose 14.94% YoY to Rs 1,22,587 crore. CASA deposits grew 15.26% YoY to Rs 33,777 crore with 8.53% QoQ growth. Figures are provisional and subject to limited review by statutory auditors.

Likely market impact

Strong double-digit growth in advances and deposits signals healthy business momentum; CASA growth is a positive for margins.