Karur Vysya Bank has reported results for first quarter ended June 30, 2023 (Q1FY24).
Karur Vysya Bank has reported 56.78% rise in its net profit at Rs 358.63 crore for the quarter under review as compared to Rs 228.75 crore for the same quarter in the previous year. Total income of the bank increased by 32.49% at Rs 2,216.07 crore for Q1FY24 as compared Rs 1,672.60 crore for the corresponding quarter previous year.
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.
