Karur Vysya Bank Reports Strong Q3 FY24-25 Performance with Low NPA Ratio and High Profit Growth

Karur Vysya Bank, a midcap player in the private banking sector, has recently undergone an adjustment in evaluation, reflecting its current market standing and operational metrics. The bank has reported a positive financial performance for the third quarter of FY24-25, showcasing strong lending practices with a notably low Gross NPA ratio of 0.83%. This figure highlights the bank's effective risk management strategies.
Additionally, Karur Vysya Bank maintains a robust Capital Adequacy Ratio of 15.42%, indicating a solid buffer against risk-weighted assets. The bank's net profit has demonstrated healthy growth, with an annual increase of 54.89%, and it has consistently delivered positive results for the last 14 quarters.

The bank's interest earned reached a record high of Rs 2,486.01 crore, while its profit before tax, excluding other income, grew significantly to Rs 200.40 crore, reflecting a growth rate of 59.7%. With high institutional holdings at 53.26%, the bank benefits from the analytical capabilities of these investors.

Overall, Karur Vysya Bank's performance indicators suggest a stable position within the market, supported by consistent returns over the past three years.

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