The Karur Vysya Bank Limited, also referred to as KVB, was founded on July 25, 1916, by M. A. Venkatarama Chettiar and Athi Krishna Chettiar in order to take advantage of the previously untapped market of traders and farmers in and around the Tamil Nadu town of Karur. Later, the bank branched out beyond Karur in search of new commercial opportunities, and it established a presence all over India. Personal, business, and agricultural banking services, as well as services for NRIs and SMBs, are all offered by KVB.<\/p>\n
In terms of earnings, Revenue from Interest for Q3 FY23 was \u20b91,695.22 crore, a 21% increase from \u20b91,404.51 crore in the same period last year. The third quarter\u2019s other income, which contributed \u20b9317.49 Crore to the Total Revenue. Meanwhile, the Profit Before Tax improved to \u20b9324.86 Crore from \u20b9255.49 Crore from the same quarter previous year. The Net Profit was \u20b9289.29 crore, up 57% from \u20b9185.48 crore in the same quarter last year. This quarter\u2019s earnings per share was \u20b93.60.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Karur Vysya Bank Limited, also referred to as KVB, was founded on July 25, 1916, by M. A. Venkatarama Chettiar and Athi Krishna Chettiar in order to take advantage of the previously untapped market of traders and farmers in and around the Tamil Nadu town of Karur. Later, the bank branched out beyond Karur […]<\/p>\n","protected":false},"author":1917,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[392],"tags":[151],"class_list":["post-143098","post","type-post","status-publish","format-standard","hentry","category-earnings","tag-banking"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":146203,"url":"https:\/\/alphastreet.com\/india\/karur-vysya-bank-q4fy23-earnings-story\/","url_meta":{"origin":143098,"position":0},"title":"Karur Vysya Bank Q4FY23 Earnings Story","author":"Karan_Singh","date":"May 15, 2023","format":false,"excerpt":"Karur Vysya Bank is engaged in providing a wide range of banking and financial services including commercial banking and treasury operations. Financial Results: Karur Vysya Bank Limited reported Total Income for Q4FY23 of \u20b9 2,169 Crores up from \u20b9 1,615 Crore year on year, a rise of 34%.Total Expenses for\u2026","rel":"","context":"In "Earnings"","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/iStock-531932522.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/iStock-531932522.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/iStock-531932522.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":166729,"url":"https:\/\/alphastreet.com\/india\/karur-vysya-bank-ltd-q3fy25-20-rise-in-profits\/","url_meta":{"origin":143098,"position":1},"title":"Karur Vysya Bank Ltd Q3FY25; 20% rise in Profits","author":"Chirag Gupta","date":"February 7, 2025","format":false,"excerpt":"Karur Vysya Bank is engaged in providing a wide range of banking and financial services including commercial banking and treasury operations. Financial Results: Karur Vysya Bank Ltd reported Revenues for Q3FY25 of \u20b92,486.00 Crores up from \u20b92,139.00 Crore year on year, a rise of 16.22%. 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Market capitalization Market capitalization: \u20b925,650 crore. Latest quarterly results (Q3 FY26) \u2022 Consolidated total income (Q3 FY26): \u20b92,741 crore. \u2022 Net profit (Q3 FY26): \u20b9476 crore.\u2026","rel":"","context":"In "Analysis"","block_context":{"text":"Analysis","link":"https:\/\/alphastreet.com\/india\/category\/stock-analysis\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":154939,"url":"https:\/\/alphastreet.com\/india\/karur-vysya-bank-ltd-q2fy24-51-rise-in-profits\/","url_meta":{"origin":143098,"position":3},"title":"Karur Vysya Bank Ltd Q2FY24; 51% rise in Profits","author":"Hardik Bhandare","date":"October 16, 2023","format":false,"excerpt":"Karur Vysya Bank is engaged in providing a wide range of banking and financial services including commercial banking and treasury operations. Financial Results: Karur Vysya Bank Ltd reported Revenues for Q2FY24 of \u20b91,997.00 Crores up from \u20b91,579.00 Crore year on year, a rise of 26.47%. 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Financial Results: Karur Vysya Bank Ltd reported Revenues for Q2FY25 of \u20b92,384.00 Crores up from \u20b91,997.00 Crore year on year, a rise of 19.38%. 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