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Outcome of Capital Raising Committee Meeting

Karur Vysya Bank Ltd has informed BSE that the Capital Raising Committee of the Bank at its meeting held November 22, 2017, has allotted 11,73,17,101 equity shares of face value of Rs. 2/- each for cash at a price of Rs. 76/- per equity share which were offered to the existing equity shareholders on Rights basis and to the eligible employees of the Bank under employee reservation portion. The paid up capital of the Bank after this allotment would be Rs. 145.33 Cr....
22-11-2017

Karur Vysya Bank Q2 net profit falls 40% to Rs76 crore

Karur Vysya Bank reported a 40% fall in net profit at Rs75.65 crore for the quarter ending September due to increased provisioning for rising bad loans
14-11-2017
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Standalone Financial Results, Limited Review Report for September 30, 2017

Karur Vysya Bank Ltd has informed BSE about : 1. Standalone Financial Results for the period ended September 30, 20172. Standalone Limited Review for the period ended September 30, 2017
14-11-2017
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Board Meeting Intimation for Results & Closure of Trading Window

Karur Vysya Bank Ltd has informed BSE regarding "Board Meeting Intimation for Results & Closure of Trading Window"
31-10-2017

Rakesh Jhunjhunwala pick Karur Vysya Bank: strong fundamentals, but presence in primarily one geo

Last month, Karur Vysya Bank got a new MD and CEO, in ex-Citi and BFC Bank alumnus P Seshadri. The bank has drawn attention from analysts for its relatively strong asset quality, at a time some of the larger banks have been struggling with rising NPAs. Karur Vysya is a Rakesh Jhunjhunwala portfolio pick where he has increased his stake end September, and he now owns 4.03% of the bank. The bank's share price is currently trading below the analyst average target. Karur Vysya has one flag in the way its business is run: it remains a largely Tamilian bank with a very high local concentration of branches in Tamil Nadu, and more than half its branches located in that state, increasing the risks associated with having so much business in one region. This combined with its focus on self-employed demographics, and small-ticket loans, mean that localized crises or political issues can have a disproportionate impact on the bank's margins. That having been said, the bank has been steadily improving its margins in the past quarters, and the June quarter had seen a 30% improvement in the operating margin, and a boost of 3.76% YoY to its net interest margins. CASA rose 29.4%. These will be the figures to watch in the September quarter results, alongside the bank's asset quality.
31-10-2017
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Shareholding for the Period Ended September 30, 2017

Karur Vysya Bank Ltd has submitted to BSE the Shareholding Pattern for the Period Ended September 30, 2017. For more details, kindly Click here
23-10-2017
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Outcome of Capital Raising Committee Meeting

Karur Vysya Bank Ltd has informed BSE that the Capital Raising Committee of the Bank held on October 10, 2017, has finalized the Issue opening and the issue closing dates, including the last date of receipt of Split Application Forms with respect to the proposed issue.
10-10-2017
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Fixes Record Date for Right Issue of Equity Shares

Karur Vysya Bank Ltd has informed BSE that the Company has fixed October 13, 2017 as the Record Date for the purpose of determining the Eligible Equity Shareholders to apply for Rights Equity Shares in the Issue as also to determine the Eligible Employees of the Bank to apply for the Employee Reservation portion of the Issue.
04-10-2017
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Limited Review Report for June 30, 2017

Karur Vysya Bank Ltd has informed BSE about : 1. Standalone Limited Review for the period ended June 30, 2017
26-09-2017
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Outcome of Board Meeting

Karur Vysya Bank Ltd has informed BSE about Outcome of Board Meeting held on September 25, 2017.
26-09-2017
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