Karur Vysya Bank has reported results for first quarter ended June 30, 2024 (Q1FY25).
The bank has reported 27.89% rise in its net profit at Rs 458.65 crore for the quarter ended June 30, 2024 as compared to Rs 358.63 crore for the same quarter in the previous year. Total income of the bank increased by 20.61% at Rs 2,672.88 crore for Q1FY25 as compared to Rs 2,216.07 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.
