News for The Karur Vysya Bank Limited (KARURVYSYA.NS)

Central Government's borrowing costs expected to decrease below 7% in FY26 due to monetary policy easing cycle.

Banks favor permanent liquidity from OMO over temporary VRR auctions due to ample short-term liquidity in the system.

The rupee appreciated about 27 paise on Tuesday to close above the 86 per dollar mark amid a weak dollar and domestic equity markets making smart gains even as the Government Securities (G-Sec) market saw a mild rally on the back of easy liquidity and hopes of more rate cuts by RBI on account of easing retail inflation.

Indian Overseas Bank on Friday reduced its repo-linked lending rate, or RLLR, by 25 basis points. The bank's existing RLLR for lending was 9.10%, and has been slashed to 8.85%, according to an exchange filing on Friday. The revised EBLR will be effective from Saturday, April 12.

About 60% of commercial bank's loans are pegged to external benchmarks, like the policy repo rate that was lowered the second time in as many months to 6%. For private sector banks, the share of external benchmarks lending rate (EBLR) loans-or advances linked to repo rate-is 85.9%, while for public sector banks it is 44.6%. Effectively, the margins of private banks are expected to be impacted more than PSU banks.

SMIFS believes that Karur Vysya Bank is favourably placed to withstand the current industry headwinds, which has amongst the best-in-class asset quality metrics and secured loans.

UCO Bank and Karur Vysya Bank Ltd. on Wednesday reduced its repo-based lending rate or RBLR by 25 basis points and 30 basis points respectively after the Reserve Bank of India cut its repo rate.

The Reserve Bank of India cut the benchmark repo rate by 25 basis points to 6%, prompting banks to lower interest rates for home, auto, and small business loans. This marks a 50 basis points reduction in 2025, including a February cut. The move benefits new borrowers and those with loans linked to external benchmarks like the repo rate.

Ace investor Rekha Jhunjhunwala re-entered Canara Bank with a 1.46% stake in Q4 FY25 after exiting earlier. The stock has recently rebounded but remains down 27% YoY. She also trimmed her Baazar Style Retail holdings.

Samunnati raises ₹2300 crore in debt funding, diversifying lending sources and partnering with key financial institutions for growth.

RBI's surprise OMO purchase auctions boost G-Sec market, leading to sharp yield decline and potential policy changes ahead.

ICICI Securities recommends a buy on Karur Vysya Bank with a target of Rs 300, highlighting its strong growth, cost management, and asset quality. The bank reports notable financial improvements and a promising outlook. Key risks include slower deposits mobilisation. Promoters hold a 2.13% stake, while FIIs and DIIs own 14.79% and 38.44% respectively.

Karur Vysya Bank and CSB Bank experienced higher growth in fixed deposits compared to CASA deposits, indicating a trend of increasing fixed deposits. This has led to a rise in the cost of deposits and potential pressure on net interest margins. Both banks reported significant year-on-year growth in advances.

EPFO expands banking network, adding 15 new banks for contribution collection, enabling direct access for employers.

We recently met Karur Vysya Bank Ltd.’s top brass, including business heads, at Karur. Our confidence in the quality/longevity of growth and earnings is emboldened. Karur Vysya Bank has been furnishing steady loan growth . Despite factoring in net interest margin moderation, Karur Vysya’s RoA/RoE may not only exhibit resilience, but possibly even outpace peers (at ~1.6% /16% for FY26), and be in the same league as large private banks. Retain Buy; target price of Rs 300 unchanged.

Karur Vysya Bank expands with 46 new branches nationwide, offering a wide range of banking products and services.

Public, private, and small finance banks in India are currently offering fixed deposit (FD) schemes with interest rates exceeding 8.5% for specific periods. Thisis strengthening FDs as the preferred investment option for senior citizens seeking a stable and dependable financial instrument.

Many experts feel that even after the recent market correction, the outlook for Indian small-cap shares remains positive in the long term. While it may take some time for a full recovery, careful selection of fundamentally sound companies can still present opportunities for patient, long-term investors.

The managing committee of Indian Banks’ Association (IBA) have elected State Bank of India (SBI) Chairman CS Setty as the new Chairman of IBA, according to a statement.