Karur Vysya Bank has reported a 17.12% year-on-year increase in advances to ₹1,04,678 crore in Q1 FY26, driven by robust credit demand. Total business reached ₹2,27,265 crore, registering a 15.94% YoY growth and a 5.99% quarter-on-quarter rise, reflecting sustained expansion in the bank's lending operations and balance sheet.

Financial Performance

The bank's total deposits grew by 14.94% YoY to ₹1,22,587 crore, while the Current Account Savings Account (CASA) balance stood at ₹33,777 crore, up 15.26% YoY. The CASA portfolio also saw an 8.53% sequential increase from the previous quarter. The following table details the key business metrics:

Key Highlights

• Advances reached ₹1,04,678 crore, growing 17.12% year-on-year and 6.00% quarter-on-quarter.
• Total deposits increased to ₹1,22,587 crore, a 14.94% rise from the prior year.
• CASA deposits stood at ₹33,777 crore, with a strong 8.53% quarterly growth.

The information is subject to limited review by the Statutory Auditors of the Bank.

karur vysya bank has fixed July 24, 2026, as the record date to determine members eligible for a dividend of ₹2.60 per equity share for the financial year ended March 31, 2026. The Board of Directors recommended this dividend at its meeting held on May 07, 2026, subject to shareholder approval at the upcoming Annual General Meeting (AGM). The dividend is declared on equity shares with a face value of ₹2 each.

The Bank will hold its 107th AGM on August 05, 2026, at 11:00 A.M. IST through Video Conferencing (VC) or Other Audio Visual Means (OAVM). This mode of meeting complies with the Ministry of Corporate Affairs (MCA) and Securities and Exchange Board of India (SEBI) circulars permitting virtual meetings. Consequently, there is no requirement to send physical copies of the Annual Report; the Notice of the AGM and the Integrated Annual Report for FY26 will be sent via email to members with registered addresses and made available on the Bank’s website and stock exchange portals.

In compliance with recent amendments to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Bank will discontinue the issuance of physical dividend warrants. All future dividend payments will be made only through electronic modes approved by the Reserve Bank of India. Shareholders who have not registered or updated their bank account details with their Depository Participant or the Registrar and Share Transfer Agent will not receive dividends until the details are updated.

The Bank has provided remote e-voting and e-voting facilities during the AGM for shareholders to cast their votes on resolutions. Members attending via VC/OAVM will be reckoned for quorum under Section 103 of the Companies Act, 2013. For shareholders without registered email addresses, a letter containing the weblink to the Annual Report will be sent in compliance with Regulation 36 of SEBI LODR.

Regarding Tax Deducted at Source (TDS), the Bank will deduct tax on dividend payments as per the Income Tax Act, 2025. Shareholders eligible for TDS exemption or lower deduction must submit Form 121 or relevant acknowledgements by July 24, 2026. These documents can be submitted online via the Bank’s website, emailed from a registered ID, or mailed to the Registered Office.

Key AGM and Dividend Details