The Karur Vysya Bank Ltd - Q1FY24 Business Update

The Karur Vysya Bank Ltd has announced the business updates for the period ended June 30, 2023.

Bank's advances grew by 16.55% as at June 30, 2023 over June 30, 2022 without considering technical written off amount of Rs.1532 crore made during the period of June 22 to Mar 23.

Total deposits grew 13.75% YoY to Rs. 80715 crores as of June 30, 2023 as compared to Rs. 70961 crores as of June 30, 2022.

Total Business increased to Rs. 147820 crores as of June 30, 2023 over Rs. 129851 crores as of June 30, 2022, registering YoY growth of 13.84%.

Shares of Karur Vysya Bank Limited was last trading in BSE at Rs. 124.60 as compared to the previous close of Rs. 126.40. The total number of shares traded during the day was 224819 in over 3260 trades.

The stock hit an intraday high of Rs. 126.40 and intraday low of 122.90. The net turnover during the day was Rs. 27996748.00.

Source : Equity Bulls

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KarurVysyaBank INE036D01028 KVB BusinessUpdate Q1FY24