Karur Vysya Bank has reported results for third quarter ended December 31, 2021.
The Bank has reported 5 - fold jump in its net profit at Rs 185.48 crore for the quarter under review as compared to Rs 34.63 crore for the same quarter in the previous year. However, total income of the bank decreased by 0.83% at Rs 1600.12 crore for Q3FY22 as compared Rs 1613.58 crore for the corresponding quarter previous year.
The Bank’s gross NPA for the October- December quarter of the current fiscal improved to 6.97%, as compared to 7.37% in the same quarter of the previous year.
