Overview
- Karur Vysya Bank’s total business rose 15.3% year on year to Rs 1.96 lakh crore in Q1 FY26, with deposits and advances each up 15%
- Its current and savings account balances grew 4.5% to Rs 29,306 crore, enhancing low-cost funding
- uth InIndian Bank’s gross advances increased 8.02% to Rs 89,201 crore and deposits climbed 9.07% to Rs 1.13 lakh crore in the April-June quarter
- South Indian Bank maintained a stable CASA ratio of 32.06% as CASA balances rose 9.06% to Rs 36,204 crore
- Shares of both lenders outpaced the Nifty 50 in early July trading, with Karur Vysya up nearly 3% and South Indian Bank up just over 2%