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Karur Vysya Bank Q2 Update: Total Business Jumps to ₹2.40 Lakh Cr, Advances Up 20%, Stock Gains.
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CNBC Awaaz•01-10-2026, 14:54
Karur Vysya Bank Q2 Update: Total Business Jumps to ₹2.40 Lakh Cr, Advances Up 20%, Stock Gains.
- •Karur Vysya Bank's total business increased by 17.96% year-on-year to ₹2,39,710 crore.
- •The bank's advances grew by 20.34% annually, reaching ₹1,11,587 crore.
- •Total deposits rose by 15.96% year-on-year to ₹1,28,123 crore.
- •CASA deposits saw a 15.41% increase, totaling ₹35,265 crore.
- •Despite a market decline, Karur Vysya Bank's stock showed gains.
Key Questions Answered
As of September 30, 2026, Karur Vysya Bank's total business increased by 17.96% year-on-year to reach ₹2,39,710 crore, marking a provisional 5.48% growth compared to the June 2026 quarter.
The bank's loans or advances experienced the fastest annual growth, standing at ₹1,11,587 crore as of September 30, 2026, which represents a year-on-year increase of 20.34% and a 6.60% growth over the June 2026 quarter.
Despite a sharp decline in the broader stock market where the Nifty traded down by over one percent during the last trading hour, Karur Vysya Bank's stock showed gains and was up by about half a percent.
