Economic TimesLean R·
Karur Vysya Bank net profit surges 45% to Rs 756 crore in Q1, asset quality sees slight slip
Karur Vysya Bank announced a significant 45% rise in first quarter net profit. This increase brought their earnings to ₹756 crore compared to the previous year. The bank's pre-provision operating profit also saw a substantial 36% jump. Net interest income grew by 32%, boosting overall financial performance. However, the bank's gross non-performing assets experienced a slight increase.
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