'Karur Vysya Bank has reported 14% growth
in net profit at Rs 521.45 crore for the quarter ended June 2025 (Q1FY2026). The
bank has posted 5% growth in net interest income (NII), while the core fee
income of the bank improved 4% in Q1FY2026. The Net Interest Margin (NIM) of
the bank declined to 3.86% in Q1FY2026 compared to 4.14% in the corresponding
quarter of previous year.
On business front, the bank as has posted 15% growth
in business with strong 15% surge in loan book. The asset quality of the bank
was strong in Q1FY2026. Bank has reduced the credit to deposit ratio to 83.8% at
end June 2025 from 84.1% at end June 2024. However, the CASA ratio of the bank
has declined to 27.5% at end June 2025 from 30.4% at end June 2024.
Asset quality remains strong: The bank has continued to maintain strong asset
quality in Q1FY2026.
The fresh slippages of loans stood at Rs 188 crore
in Q1FY2026 compared with 179 crore in previous quarter and Rs 174 ...
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