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.

Karur Vysya Bank , a prominent player in the Indian banking sector, has announced the allotment of equity shares under its Employee Stock Option Plan (ESOP) schemes. The bank's Board of Directors approved these allotments during their meeting held on December 12, 2025.

ESOP Allotment Details

The bank made two separate allotments under different ESOP schemes, totaling 80,078 equity shares:

Employee Benefits and Executive Compensation

The majority of the allotment, comprising 63,420 equity shares, was allocated to various employees who exercised their stock options under the KVB ESOS 2011 Scheme. This reflects the bank's commitment to employee participation in the organization's growth through equity ownership.

Additionally, 16,658 equity shares were allotted to Shri B Ramesh Babu, the bank's Managing Director and Chief Executive Officer, under the KVB ESOS 2018 Scheme. These shares represent the non-cash component of his variable pay for the financial year 2022-23, as per his compensation structure.

Regulatory Compliance and Board Meeting

The bank communicated this development to stock exchanges in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board meeting commenced at 2:30 PM and concluded at 8:00 PM on December 12, 2025.

Bank's Financial Position

To provide context on Karur Vysya Bank's financial standing, here's a snapshot of key balance sheet items:

The bank has demonstrated consistent growth across key financial metrics, with total assets increasing by 13.19% year-over-year. This solid financial foundation supports the bank's ability to implement employee-friendly policies such as ESOP schemes, which help align employee interests with organizational performance.