The Karur Vysya Bank Ltd - Business Update as of December 31, 2023

The Karur Vysya Bank Ltd has announced the business update for period ended 31st December, 2023.

Total Business increased 14.74% YoY from Rs. 138013 crores as of December 31, 2022 to Rs. 158357 crores as of December 31, 2023 and 12.46% growth from Rs. 140806 crores as of March 31, 2023.

Total Deposits as of December 31, 2023 was at Rs. 85665 crores as compared to Rs. 75932 crores as of December 31, 2022, up by 12.82% YoY and increased 11.78% from Rs. 76638 crores as of March 31, 2023.

Advances stood at Rs. 72692 crores as of December 31, 2023, an increase of 17.09% YoY from Rs. 62081 crores as of December 31, 2022 and 13.28% from Rs. 64168 crores as of March 31, 2023.

CASA was at Rs. 27012 crores as of December 31, 2023 as against Rs. 25800 crores as of December 31, 2022 and Rs. 25449 crores as of March 31, 2023.

The above information is subject to audit by the Statutory Auditors of the Bank.

Shares of Karur Vysya Bank Limited was last trading in BSE at Rs. 171.00 as compared to the previous close of Rs. 168.55. The total number of shares traded during the day was 227009 in over 4453 trades.

The stock hit an intraday high of Rs. 171.85 and intraday low of 168.90. The net turnover during the day was Rs. 38741000.00.

Source : Equity Bulls

Keywords

KarurVysyaBank INE036D01028 KVB BusinessUpdate Q3FY24