News

Karur Vysya Bank has received affirmation in credit rating for certificate of deposit for Rs 10,000 crore at ICRA A1+.

 Karur Vysya Bank (KVB) announced the launch of its premium credit card portfolio on the Visa platform, as part of the Bank`s broader strategy to strengthen its affluent banking proposition and deepen engagement with lifestyle-oriented customers. The portfolio includes four card variants: Aura (Visa Platinum), Samara (Visa Signature), Altura (Visa Infinite) and Eternis (Visa Infinite). Designed to offer curated travel, dining and premium lifestyle benefits to emerging affluent and affluent customers, including salaried professionals, self-employed individuals and business owners. The partnership with Visa reflects KVB`s focus on offering a more contemporary and premium customer experience supported by globally accepted payment infrastructure, curated lifestyle privileges and enhanced customer engagement capabilities.

Karur Vysya Bank announced that the Board of Directors of the Company at its meeting held on 7 May 2026, inter alia, have recommended the final dividend of Rs 2.6 per equity Share (i.e. 130%) , subject to the approval of the shareholders.

Net profit of Karur Vysya Bank rose 41.22% to Rs 724.96 crore in the quarter ended March 2026 as against Rs 513.36 crore during the previous quarter ended March 2025. Total Operating Income rose 15.41% to Rs 2903.65 crore in the quarter ended March 2026 as against Rs 2515.93 crore during the previous quarter ended March 2025.For the full year,net profit rose 29.29% to Rs 2510.33 crore in the year ended March 2026 as against Rs 1941.64 crore during the previous year ended March 2025. Total Operating Income rose 14.43% to Rs 11074.35 crore in the year ended March 2026 as against Rs 9678.04 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Total Operating Income2903.652515.93 15 11074.359678.04 14 OPM %66.0663.23 -66.5663.85 - PBDT989.10673.57 47 3320.042590.73 28 PBT989.10673.57 47 3320.042590.73 28 NP724.96513.36 41 2510.331941.64 29 Powered by Capital Market - Live News

Karur Vysya Bank will hold a meeting of the Board of Directors of the Company on 7 May 2026.