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Sarathi Research

7 hours ago · SEBI-Registered Analyst

Karur Vysya Bank Surges After Strong Q1 Business Update

Shares of $KARURVYSYA gained nearly 3.8% after the lender reported a robust Q1 business update. Total business grew 15.94% YoY to ₹2.27 lakh crore from ₹1.96 lakh crore. Advances jumped 17.12% to ₹1.04 lakh crore, while total deposits increased 14.94% to ₹1.22 lakh crore. CASA deposits also registered healthy growth of 15.26%, reaching ₹33,777 crore from ₹29,306 crore. The strong growth across lending, deposits, and low-cost CASA reflects sustained business momentum, with investors cheering the upbeat operational performance in early trade. Disclaimer: Investments in securities are subject to market risk. This is for educational purposes only. Investors must verify information before investing and consider their financial position & risk profile.

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