2017-06-07 :Karur Vysya Bank revises its MCLR and Base rate
Karur Vysya Bank has revised its MCLR (Marginal cost of Funds Based Lending Rates) and Base rate. For overnight, one month and three month, the new MCLR rate will be 8.95%, while for six month and one year maturities new MCLR is priced at 9.15% and 9.35% respectively. Simultaneously, the bank has revised its base rate also by 20 bps from 10.30 per cent to 10.10 per cent. The new rates will be effective from 7th June, 2017.
2016-01-22 :Karur Vysya Bank net profit rises 34% for third quarter ending Dec2015
Karur Vysya Bank reported net profit of Rs. 152.83 Cr for Q3FY16. Its NII rose by 14.60 per cent supported by an increase in other income & operating profit and lower provisions
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