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Karur Vysya Bank conducted a concall on 19 May 2025 to discuss the financial results for the quarter ended March 2025 and prospects of the bank. B Ramesh Babu, MD&CEO of the bank addressed the call:
Highlights:
The performance of the bank is in line with the guidance shared at the beginning of the year. The bank has performed better than expectations on growth, profitability and the asset quality.
The business volume of the bank has increased 14% to Rs 1.87 lakh crore driven by 14% growth in deposits as well as advances.
The loan growth is driven by retail agriculture and MSME (RAM) growth of 20% yoy and 3% on sequential basis. The share of RAM loan book has increased to 86% with commercial banking loan book constituting 36%, retail 25% and agriculture 25% at end March 2025.
The commercial banking loan growth has been strong at 21% at end March 2025.
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