Karur Vysya Bank has reported results for third quarter ended December 31, 2023 (Q3FY24).
The bank has reported 42.29% rise in net profit at Rs 411.63 crore for the quarter ended December 31, 2023 as compared to Rs 289.29 crore for the same quarter in the previous year. Total income of the bank increased by 24.07% at Rs 2497.17 crore for Q3FY24 as compared Rs 2012.71 crore for corresponding quarter of the 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.