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Karur Vysya Bank gets nod to raise Rs 1,200 crore tier I debt

05 Sep 2018 Evaluate

Karur Vysya Bank has received approval to raise Rs 1,200 crore tier I debt, to meet capital requirement. The bank has received approval for the same from its shareholders.

Karur Vysya Bank 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.

Peers
Company Name CMP
HDFC Bank 720.75
ICICI Bank 1352.50
Axis Bank 1233.45
Kotak Mahindra Bank 412.65
Indusind Bank 962.65
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