Karur Vysya Bank has released its quarterly business update for Q3FY26 under SEBI LODR Regulations, showing strong growth across all key business parameters. The bank reported total business growth of 16.29% year-on-year, demonstrating robust operational performance and market expansion.

Q3FY26 Business Performance Overview

The bank delivered impressive growth metrics during the quarter ended December 31, 2025. Total business reached ₹2,11,643 crore, marking a significant 16.29% increase compared to the same period last year. Sequential growth of 4.15% from the September quarter indicates sustained momentum across business segments.

Strong Advances Growth Continues

The bank's advances portfolio reached ₹97,048 crore, reflecting robust 17.15% year-on-year growth. This represents the highest growth rate among all business segments, indicating strong credit demand and effective lending strategies. Quarter-on-quarter growth of 4.66% demonstrates consistent credit expansion momentum.

Deposit Mobilization Shows Steady Progress

Total deposits grew to ₹1,14,595 crore, marking a healthy 15.57% increase compared to the previous year. The sequential growth of 3.71% from Q2FY26 reflects the bank's continued success in attracting customer deposits and strengthening its funding base.

CASA Performance Remains Positive

Current Account and Savings Account deposits reached ₹31,199 crore, showing 10.76% year-on-year growth. The 2.11% quarter-on-quarter increase indicates steady improvement in low-cost deposit mobilization, which is crucial for maintaining healthy net interest margins.

Regulatory Compliance and Disclosure

The business update was filed under SEBI Listing Obligations and Disclosure Requirements Regulation 2015, along with compliance to Prohibition of Insider Trading Regulations 2015. The bank noted that the disclosed information is subject to limited review by statutory auditors, ensuring transparency and regulatory adherence.

Karur Vysya Bank has received a credit rating reaffirmation from ICRA for its Certificate of Deposit Programme, the bank announced in a regulatory filing on December 11, 2025. The development reinforces the bank's creditworthiness in the short-term funding market.

Credit Rating Details

ICRA has reaffirmed the existing credit rating for Karur Vysya Bank's Certificate of Deposit Programme, maintaining the bank's strong credit profile. The rating action demonstrates continued confidence in the bank's ability to meet its short-term obligations.

Regulatory Compliance

The bank communicated this development to both the National Stock Exchange of India Limited and BSE Limited as part of its obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure ensures transparency for investors and stakeholders regarding the bank's credit standing.

Certificate of Deposit Programme

Certificate of Deposit programmes are important funding instruments for banks, allowing them to raise short-term resources from institutional and retail investors. The reaffirmation of the credit rating indicates that ICRA continues to view Karur Vysya Bank's financial strength and operational capabilities favorably for this funding mechanism.

The rating reaffirmation provides assurance to potential investors in the bank's Certificate of Deposit instruments about the creditworthiness and reliability of their investment. This development supports the bank's ongoing efforts to maintain diverse funding sources and strengthen its liquidity position.