'Karur Vysya Bank has reported 21% growth
in net profit at Rs 573.96 crore for the quarter ended September 2025
(Q2FY2026). The bank has posted healthy 19% growth in net interest income
(NII), while the core fee income of the bank also improved 10% in Q2FY2026. The
Net Interest Margin (NIM) of the bank eased to 3.77% in Q2FY2026 compared to 4.12%
in the corresponding quarter of previous year.
On business front, the bank as has posted 16% growth
in business with strong 17% surge in loan book. The asset quality of the bank
was stable in Q2FY2026. Bank has substantially improved the credit to deposit
ratio to 84.9% at end September 2025 from 83.8% at end September 2024. However,
the CASA ratio of the bank has declined to 27.7% at end September 2025 from 29.5%
at end September 2024.
Asset quality stable: The bank has maintained stable asset quality in
Q2FY2026.
The fresh slippages of loans stood at Rs 350 crore
in Q2FY2026 compared with 188 cro...
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