Karur Vysya Bank Share Price

The revenue zoomed 12.99% to Rs. 15794.80 millions for the quarter ended September 2022 as compared to Rs. 13979.50 millions during the corresponding quarter last year.Profit for the quarter ended September 2022 rises by 51.24% to Rs. 2502.30  millions from Rs. 1654.50 millions.

The December 2022 quarter revenue stood at Rs. 16952.20 millions, up 20.70% as compared to Rs. 14045.10 millions during the corresponding quarter last year.Net profit surges 55.97% to Rs. 2892.90  millions  from Rs. 1854.80 millions in the quarter ended December 2022.

The December 2022 quarter revenue stood at Rs. 16952.20 millions, up 20.70% as compared to Rs. 14045.10 millions during the corresponding quarter last year.Handsome Net Profit growth of 55.97% reported above the corresponding previous quarter figure of Rs. 2892.90 millions to Rs. 1854.80 millions.

The December 2022 quarter revenue stood at Rs. 16952.20 millions, up 20.70% as compared to Rs. 14045.10 millions during the corresponding quarter last year.Handsome Net Profit growth of 55.97% reported above the corresponding previous quarter figure of Rs. 2892.90 millions to Rs. 1854.80 millions.

Pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, as amended, The Karur Vysya Bank has informed that Bank is opening a new branch in Coimbatore Kanuvai on 24th August 2022. Address of the branch is: D No: 5/222, KRC Avenue, Thadagam Road, Kanuvai, Coimbatore- 641 108, Tamilnadu.

The above information is a part of company’s filings submitted to BSE.

Pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, as amended, The Karur Vysya Bank has informed that Bank is opening new branch at following name and address: Retail Assets And Personal Banking, H.No.8-2-269/ 10, Plot No.2/A Ground Floor, Trendset Towers, Road No.2, Banjara Hills, Hyderabad- 500 034 Telangana on 07.09.2022.

The above information is a part of company’s filings submitted to BSE.

Pursuant to Bank's Internal Code of Conduct for Prevention of Insider Trading read with Securities and Exchange Board of India (Prohibition of Insider Trading Regulations, 2015, and any amendments thereto, The Karur Vysya Bank has informed that the Trading Window for dealing in securities of the Bank shall remain closed from Saturday, October 01, 2022 till the declaration of financial results of the Bank for the quarter and half-year ended September 30, 2022 and two days thereafter. During this period, no trading shall be made in the Bank's securities by the Directors, Promoters and Promoters Group, Designated Persons, all Connected Persons and Immediate Relatives as defined in the ‘Code of Conduct’. The date of Board Meeting to consider and take on record the un-audited financial results for the quarter and half-year ended September 30, 2022 will be informed in due course.

The above information is a part of company’s filings submitted to BSE.

Accordingly, customers of the bank can remit their Direct Tax payments through the branches of the bank or through KVB Net Banking

Karur Vysya Bank is currently trading at Rs. 80.20, up by 2.30 points or 2.95% from its previous closing of Rs. 77.90 on the BSE.

The scrip opened at Rs. 78.95 and has touched a high and low of Rs. 80.40 and Rs. 77.70 respectively. So far 456420 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 94.90 on 16-Sep-2022 and a 52 week low of Rs. 41.75 on 16-May-2022.

Last one week high and low of the scrip stood at Rs. 82.50 and Rs. 76.35 respectively. The current market cap of the company is Rs. 6411.51 crore.

The promoters holding in the company stood at 2.28%, while Institutions and Non-Institutions held 38.18% and 59.54% respectively.

Karur Vysya Bank has integrated with income tax (IT) portal of Central Board of Direct Taxes (CBDT) for collection of Direct Taxes. Accordingly, customers of the bank can remit their direct tax payments through the branches of the bank or through KVB Net Banking, effective from October 1, 2022.

Karur Vysya Bank is among six old generation private sector banks that have been identified by the Reserve Bank of India (RBI) to implement Speed Clearing at Mumbai.

Pursuant to Regulations 30, 33, 52 and other applicable provisions of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Karur Vysya Bank has informed that it enclosed a copy of the un-audited financial results for the quarter/ period ended 30th September 2022. The results were duly approved by the Board of Directors at its meeting held today. A copy of the limited review report issued by the Statutory Central Auditors R G N Price & Co., Chartered Accountants (Registration No.: 002785S) and Sundaram & Srinivasan, Chartered Accountants (Registration No.: 004207S), for the quarter/ period ended 30th September 2022 is also enclosed.

The above information is a part of company’s filings submitted to BSE.

The Karur Vysya Bank has informed regarding ‘Transcript of the Conference Call held with respect to the Un-audited Financial Results of the Bank for the Quarter and Half Year ended September 30, 2022’.

The above information is a part of company’s filings submitted to BSE.

Pursuant to Regulation 30 of the DEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, as amended, The Karur Vysya Bank has informed that with respect to Certificate of Deposits Programme of the Bank, CRISIL has reaffirmed the credit rating which are enclosed. Date of Credit Rating received from CRISIL: 28.10.2022.

The above information is a part of company’s filings submitted to BSE.

Pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, as amended, The Karur Wsya Bank has informed that with respect to Basel 111 Tier II Bonds of the Bank, ICRA has provided the credit rating (attached). Date of Credit Rating received from ICRA: 30.11.2022.

The above information is a part of company’s filings submitted to BSE.

In compliance with Regulation 47 of the SEMI (Listing Obligations and Disclosure Requirements Regulations, 2015, The Karur Vysya Bank has informed that it enclosed the copies of newspaper publications with respect to the dispatch of Postal Ballot Notice dated November 22, 2022 and information on Remote e-voting, published in the newspapers, Business Standard - English in All India Edition, The Hindu - English in Trichy Edition and Dinamalar – Tamil in Trichy Edition. The aforesaid information is also being hosted on the Bank's website at www.kvb:co.in.

The above information is a part of company’s filings submitted to BSE.

Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, as amended, The Karur Vysya Bank has informed that Marginal Cost of Funds Based Lending Rates (MCLR) of the Bank would be revised with effect from 07.12.2022 as detail enclosed.

The above information is a part of company’s filings submitted to BSE.

Pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements Regulations, 2015, as amended, The Karur Vysya Bank has informed that with respect to Certificate of Deposits Programme of the Bank, ICRA has reaffirmed the credit rating as details enclosed. Date of Credit Rating received from ICRA 29.12.2022.

The above information is a part of company’s filings submitted to BSE.

Pursuant to Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Karur Vysya Bank has informed that Audio Recording of the Conference Call held on January 23, 2023 at 5:30 pm (IST), in connection with the Unaudited Financial Results of the Bank for the Quarter and Nine Months ended December 31, 2022, is made available on the website of the Bank and the link is attached.

The above information is a part of company’s filings submitted to BSE.

Pursuant to Regulation 30(61 of DEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, The Karur Vysya Bank has informed that it enclosed the Transcript of Conference Call held on January 23, 2023 at 5:30 pm (IST), in connection with the Un-audited Financial Results of the Bank for the Quarter and Nine Months ended December 31, 2022. The same is also made available on the website of the Bank and can be accessed on the link (attached).

The above information is a part of company’s filings submitted to BSE.

Pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements Regulations, 2015, as amended, The Karur Vysya Bank has informed that Bank is opening new two branches namely Vizianagaram – Fort and Addanki. Further details are enclosed.

The above information is a part of company’s filings submitted to BSE.

Pursuant to Regulation 30(6) of the DEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, The Karur Vysya Bank has informed that Bank will be participating in 'Kotak - Chasing growth 2023' Investors Conference (Physical - Group meet / One to one meet) organized by 'Kotak Institutional Equities' scheduled to be held on February 23, 2023 at Mumbai. The list of Institutional Investor(s)/Analyst(s) who will be participating in the Conference is enclosed. Bank will be referring to publicly available documents for discussions during interaction in the conference/meet and 'No UPSI 'or material information is proposed to be shared during the conference/meet.

The above information is a part of company’s filings submitted to BSE.

Pursuant to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, in continuation to its intimation dated February 22, 2023 with respect to the Schedule of Institutional Investor/Analyst meet, The Karur Vysya Bank has informed that the Bank had participated in the 'Kotak - Chasing growth 2023' Investors Conference (Physical Group meet / One to one meet) organized by 'Kotak Institutional Equities' on February 23, 2023 at Mumbai. From the Bank's side the top-management team consisting of J Natarajan - President & COO and R Ramshankar - CFO, have participated in the said meet. Only information available in the public domain was shared/discussed and no Unpublished Price Sensitive Information (UPSl) have been shared/discussed during the interaction with Institutional Investors/Analysts. This is a voluntary disclosure as per the NSE's Guidance Note on disclosures pertaining to analysts / institutional investors meet and best practiced, dated 29.07.2022

The above information is a part of company’s filings submitted to BSE.

Pursuant to Regulation 30 of SEBI ILODRI Regulations, 2015, as amended, The Karur Vysya Bank has informed that Marginal Cost of Funds Based Lending Rates (MCLR), Base Rate and Benchmark Prime Lending Rate (BPLR) of the Bank would be revised, which are attached.

The above information is a part of company’s filings submitted to BSE.

Pursuant to Regulation 30 of the DEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, The Karur Vysya Bank has informed that with respect to the Certificate of Deposits Programme of the Bank, CRISIL has reaffirmed the credit rating as details enclosed. Date of Credit Rating received from CRISIL: 09.03.2023

The above information is a part of company’s filings submitted to BSE.

The Karur Vysya Bank has informed that the Bank at its Board meeting held on March 15, 2023 has made the following allotments:  Allotment of 83,024 Equity Shares of face value Rs 2 each to various employees who had exercised their options under KVB EGOS 2011 Scheme & KVB EGOS 2018 Scheme and Allotment of 24,635 Equity Shares of face value Rs 2 each to B Ramesh Babu, MD & CEO and 18,539 Equity Shares to J Natarajan, President & COO, under KVB EGOS 2018 Scheme, as a part of their non-cash component of variable pay for the FY 2020-21 in terms of their compensation structure.

The above information is a part of company’s filings submitted to BSE.

Pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, Karur Vysya Bank has informed that Bank is opening the few branches on 17.03.2023. Details of the New branches are enclosed.

The above information is a part of company’s filings submitted to BSE.

Pursuant to Regulation 30 of the DEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, The Karur Vysya Bank has informed that CA K L Vijayalakshmi (DIN: 07116809), Non-Executive Independent Director of the Bank demitted office at the close of office hours on March 21, 2023, consequent to completion of her tenure. The disclosure as per SEBI Circular CIR/CFD/CMD/4/2015 dated September 09, 2015 is enclosed.

The above information is a part of company’s filings submitted to BSE.

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements Regulations, 2015, Karur Vysya Bank has informed that the bank has executed an agreement on 23.03.2023 with SBI Life Insurance Company, as an additional bancassurance partner in life insurance category. Further, it has informed that the said event is in ordinary course of business.

The above information is a part of company’s filings submitted to BSE.

Karur Vysya Bank Ltd has informed BSE regarding "Board Meeting Intimation for Results".

Board to consider Dividend Security Code 590003 Company KARUR VYSYA BANK LTD. Exchange Disseminated Time 12-05-2022 18:11:35 Karur Vysya Bank Ltd has informed BSE that a meeting of the Board of Directors of the Bank will be held on May 20, 2022, inter alia, to consider and approve the Audited Financial Results of the Bank for the quarter and year ended March 31, 2022 and to recommend dividend, if any, on the equity shares of the Bank.

Rs.0.5000 per share(25%)Dividend

In continuation to earlier intimation dated May 19, 2021, Karur Vysya Bank Ltd has now informed BSE that meeting of the Board of Directors of the Bank scheduled to be held on May 26, 2021, inter alia, to consider and approve the Audited Financial Results of the Bank for the quarter and year ended March 31, 2021 and to recommend dividend, if any, on the equity shares of the Bank, is rescheduled to May 28, 2021, owing to unforeseen circumstances on account of COVID -19 restrictions.

Quarterly Results

Karur Vysya Bank Ltd has informed BSE that a meeting of the Board of Directors of the Bank will be held on November 01, 2019, inter alia, to consider and take on record the un-audited Financial Results of the Bank for the Quarter and Half year ended September 30, 2019. In connection with the above meeting, the "Trading Window" for the insider has been closed from October 01, 2019 and shall remain closed till November 03, 2019 (both days inclusive) pursuant to Bank's Internal Code of Conduct for Prevention of Insider Trading read with Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. During this period, no trading shall be made in the Bank's shares by the Directors, promoters and promoters group, designated persons of the Bank, all connected persons and immediate relatives as defined in the "Code of Conduct". The Trading window shall open for trading on November 04, 2019.

Quarterly Results

The bank will open said branch on August 24, 2022

Karur Vysya Bank (KVB) is all set to open new branch in Kanuvai, Coimbatore, Tamil Nadu. The bank will open said branch on August 24, 2022.

Earlier, the Bank had been authorized as one of the Banks that can accept GST remittances. Customers of Karur Vysya Bank can now remit their GST payments through the Bank. GST payments can be made through the Internet Banking facility of KVB as well as over the counter modes.

Karur Vysya Bank is among six old generation private sector banks that have been identified by the Reserve Bank of India (RBI) to implement Speed Clearing at Mumbai.

The bank will open this branch on September 07, 2022

Karur Vysya Bank is all set to open new branch at Banjara Hills, Hyderabad, Telangana. The bank will open this branch on September 07, 2022.

Earlier, the Bank had been authorized as one of the Banks that can accept GST remittances. Customers of Karur Vysya Bank can now remit their GST payments through the Bank. GST payments can be made through the Internet Banking facility of KVB as well as over the counter modes.

Karur Vysya Bank is among six old generation private sector banks that have been identified by the Reserve Bank of India (RBI) to implement Speed Clearing at Mumbai.

This will be the 792nd Branch exclusively for retail assets and personal banking services

Karur Vysya Bank has opened its first High Net worth Individuals (HNI) Branch in Banjara Hills, Hyderabad on September 07, with plans of many more such branches across India. This will be the 792nd Branch exclusively for retail assets and personal banking services. This Branch will accept Deposits and offer loans as part of retail banking facilities. The Bank now has 792 branches and 2239 ATMs and Cash Deposit machines.

Karur Vysya Bank is among six old generation private sector banks that have been identified by the Reserve Bank of India (RBI) to implement Speed Clearing at Mumbai.

Accordingly, customers of the bank can remit their Direct Tax payments through the branches of the bank or through KVB Net Banking

Karur Vysya Bank has integrated with income tax (IT) portal of Central Board of Direct Taxes (CBDT) for collection of Direct Taxes. Accordingly, customers of the bank can remit their direct tax payments through the branches of the bank or through KVB Net Banking, effective from October 1, 2022.

Karur Vysya Bank is among six old generation private sector banks that have been identified by the Reserve Bank of India (RBI) to implement Speed Clearing at Mumbai.

The bank will be opening one branch in Vizianagaram - Fort, while other one in Addanki

Karur Vysya Bank is all set to open two new branches in Andhra Pradesh on February 01, 2023. The bank will be opening one branch in Vizianagaram - Fort, while other one in Addanki.

Earlier, the Bank had integrated with income tax (IT) portal of Central Board of Direct Taxes (CBDT) for collection of Direct Taxes. Accordingly, customers of the bank can remit their direct tax payments through the branches of the bank or through KVB Net Banking, effective from October 1, 2022.

Karur Vysya Bank is among six old generation private sector banks that have been identified by the Reserve Bank of India (RBI) to implement Speed Clearing at Mumbai.

The bank will be opening one branch at Sunguvarchatram in Kancheepuram District

Karur Vysya Bank is all set to open two new branches in Tamil Nadu on February 23, 2023. The bank will be opening one branch at Sunguvarchatram in Kancheepuram District, while other one at Vadamalampatti in Krishnagiri District.

Earlier, the bank had opened two new branches in Andhra Pradesh on February 01, 2023. The one branch in Vizianagaram - Fort, while other one in Addanki.

Karur Vysya Bank is among six old generation private sector banks that have been identified by the Reserve Bank of India (RBI) to implement Speed Clearing at Mumbai.

The bank will be opening first branch at Kanigiri, Prakasarn District

Karur Vysya Bank is all set to open three new branches in Andhra Pradesh on March 17, 2023. The bank will be opening first branch at Kanigiri, Prakasarn District, second branch at Tekkali, Srikakulam District and third branch at Dhone, Nandyal District.

Earlier, the Bank had opened two new branches in Tamil Nadu on February 23, 2023.

Karur Vysya Bank is among six old generation private sector banks that have been identified by the Reserve Bank of India (RBI) to implement Speed Clearing at Mumbai.