Karur Vysya Bank has filed its quarterly business update for Q4FY26 under Regulation 30, showcasing strong growth momentum across key business segments. The bank reported significant expansion in its total business, advances, and deposits, reflecting robust operational performance during the fiscal year. The provisional results demonstrate the bank's successful execution of its growth strategy and operational efficiency improvements.

Financial Performance Overview

The bank's provisional FY26 results demonstrate healthy growth across all major parameters. Total business reached ₹2,14,409 crore, marking a substantial increase of 14.92% year-on-year compared to ₹1,86,569 crore in the previous fiscal year. Quarter-on-quarter growth stood at 1.31% from ₹2,11,647 crore in Q3FY26.

Advances Portfolio Growth

The bank's lending business showed particularly strong performance with advances growing by 16.87% year-on-year to reach ₹98,743 crore from ₹84,491 crore in FY25. On a quarter-on-quarter basis, advances increased by 1.74% from ₹97,052 crore in Q3FY26. This robust growth in the advances portfolio demonstrates the bank's effective lending strategy and successful credit expansion activities.

Deposit Base Performance

Total deposits increased by 13.31% year-on-year to ₹1,15,666 crore from ₹1,02,078 crore in FY25, with quarter-on-quarter growth of 0.93%. The bank also reported deposits excluding Certificate of Deposits at ₹1,09,868 crore, showing 12.33% year-on-year growth and 2.66% quarter-on-quarter growth.

CASA Performance

The Current Account and Savings Account (CASA) deposits reached ₹31,122 crore, registering an 11.82% year-on-year growth from ₹27,832 crore. However, CASA deposits witnessed a marginal decline of 0.25% quarter-on-quarter from ₹31,199 crore in Q3FY26. The steady CASA growth demonstrates the bank's ability to attract low-cost deposits, supporting its funding profile.

Regulatory Compliance

The quarterly business update was filed in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 and Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information. The bank noted that the provisional information is subject to audit by the Statutory Auditors, ensuring transparency and regulatory compliance in financial reporting.

Karur Vysya Bank has announced a reduction in its key lending rates, with both the Base Rate and Benchmark Prime Lending Rate (BPLR) set to decrease by 20 basis points each. The revised rates will be effective from March 24, 2026, as communicated through a regulatory filing dated March 20, 2026.

Rate Revision Details

The bank has implemented a uniform reduction across both its primary lending rate benchmarks. The changes represent a meaningful adjustment in the bank's pricing strategy for lending products.

Regulatory Compliance

The rate revision was communicated to both the National Stock Exchange of India and BSE Limited through a formal notification under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was signed by Srinivasarao M, who serves as Company Secretary and Deputy General Manager at the bank.

Implementation Timeline

The new rates will become effective from March 24, 2026, providing borrowers with the benefit of lower interest costs on loans linked to these benchmark rates. The four-day gap between the announcement and implementation allows for necessary system updates and customer communication processes.

The Base Rate serves as the minimum lending rate below which banks cannot lend, while the BPLR acts as a reference rate for various loan products. This reduction in both rates indicates the bank's strategic move to adjust its lending rates in line with prevailing market conditions.