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Karur Vysya Bank Targets 18 to 20 Percent Credit Growth in FY27
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News18•16-10-2026, 21:00
Karur Vysya Bank Targets 18 to 20 Percent Credit Growth in FY27
- •Karur Vysya Bank has announced a target of 18 to 20 percent growth in total advances for FY27, building on a 16 percent growth rate from the previous fiscal year.
- •The lender plans to cap corporate lending at around 20 percent while continuing its primary focus on retail, agriculture, and MSME sectors, which currently comprise 86 percent of its advances.
- •Gross advances for the July to September quarter rose 20 percent year-on-year to reach Rs 1.1 lakh crore.
- •Gold loans are projected to remain a major growth driver for the bank, supported by lower borrowing costs relative to NBFCs and careful monitoring of loan-to-value ratios.
Key Questions Answered
Karur Vysya Bank has guided for an 18 to 20 percent growth in total advances for the financial year 2027, driven by existing teams and systems.
Retail, agriculture, and MSME (RAM) loans account for 86 percent of the bank's advances, while corporate lending makes up the remaining 14 percent.
The bank is pursuing corporate lending opportunities in commercial real estate, trade, food processing, spinning mills, and transport, alongside selective financing of NBFCs.
