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Karur Vysya Bank trades in green on the BSE

07 May 2018 Evaluate

Karur Vysya Bank is currently trading at Rs. 105.70, up by 1.70 points or 1.63% from its previous closing of Rs. 104.00 on the BSE.

The scrip opened at Rs. 105.50 and has touched a high and low of Rs. 107.00 and Rs. 102.50 respectively. So far 153270 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 150.24 on 18-Sep-2017 and a 52 week low of Rs. 96.15 on 19-Mar-2018.

Last one week high and low of the scrip stood at Rs. 109.80 and Rs. 102.50 respectively. The current market cap of the company is Rs. 7724.18 crore.

The promoters holding in the company stood at 2.08%, while Institutions and Non-Institutions held 39.61% and 58.30% respectively.

Karur Vysya Bank (KVB) has revised Marginal Cost of Funds based Lending Rate (MCLR) with effect from May 7, 2018.

The Bank has revised one year and six month MCLR to 9.20% per annum (p.a.) and 9.00% p.a., respectively. The overnight, 1 month and 3 month MCLR have been revised to 8.30% p.a., 8.30% p.a. and 8.65% p.a., respectively.

Karur Vysya Bank (KVB) is among six old generation private sector banks that have been identified by the Reserve Bank of India (RBI) to implement Speed Clearing at Mumbai.


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