Karur Vysya Bank Q3 Net Profit Jumps 39% to Rs 690 Crore

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News18•23-01-2026, 21:15
Karur Vysya Bank Q3 Net Profit Jumps 39% to Rs 690 Crore
- •Karur Vysya Bank reported a 39% increase in net profit, reaching Rs 690 crore for the third quarter ended December 2025.
- •The bank's net interest income grew by 14.62% to Rs 1,239 crore, driven by a 17% rise in loans.
- •Commission and fee-based income saw a 15.15% improvement, totaling Rs 266 crore.
- •Gross non-performing assets (NPA) ratio improved to 0.71%, a 0.12% reduction year-on-year.
- •The board reappointed B Ramesh Babu as CEO and MD for another two years, effective after July 28.
Why It Matters: Karur Vysya Bank achieved strong Q3 financial results with significant profit growth and improved asset quality.
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