Karur Vysya Bank reports 15% rise in Q1 deposits, advances grow 17% YoY

Private sector lender Karur Vysya Bank on Wednesday, July 1, reported healthy business growth for the quarter ended June 30, 2026, with total deposits and advances registering double-digit year-on-year growth, according to its provisional business update.

The bank's total business rose 15.94% year-on-year to ₹2.27 lakh crore as of June 30, 2026, from ₹1.96 lakh crore a year earlier. On a sequential basis, total business increased 5.99% from ₹2.14 lakh crore.

Gross advances grew 17.12% year-on-year to ₹1.05 lakh crore, compared with ₹89,374 crore in the corresponding quarter last year. Advances also rose 6% quarter-on-quarter from ₹98,754 crore at the end of March.

Total deposits stood at ₹1.23 lakh crore, up 14.94% from ₹1.07 lakh crore a year ago and 5.98% higher than ₹1.16 lakh crore reported at the end of the previous quarter.

Meanwhile, the bank's CASA deposits increased 15.26% year-on-year to ₹33,777 crore from ₹29,306 crore. On a sequential basis, CASA deposits rose 8.53% from ₹31,122 crore as of March 31, 2026.

Shares of Karur Vysya Bank Ltd

were trading at ₹297.90, up 0.61% on Wednesday.