Karur Vysya Bank has reported 0.28% marginal fall in total deposits to Rs 62090 crore (provisional) in Q3 December 2020 over Q3 December 2019. Out of the total deposits, CASA deposits grew 12.79% to Rs 21501 crore.
The bank’s gross advances stood at Rs 52103 crore (provisional) as of December 30, 2020, up 5.02% YoY as compared to Rs 49613 crore as of December 30, 2019 and Rs 48516 crore as of March 31, 2020.
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.