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Karur Vysya Bank Ltd Performance

Today's Low
191.00
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Today's High
195.90
52 Wk Low
93.00
arrowIcon
52 Wk High
204.90


Open

192

Traded Value (Cr)

19.70 Cr

Prev. Close

192.65

VWAP

192.29

Volume

14,82,300

Face Value

2

Karur Vysya Bank Ltd Financials

Karur Vysya Bank Ltd Financials

Karur Vysya Bank Ltd Shareholding Pattern

Held By Dec 2023 Sep 2023 Jun 2023 Mar 2023
Retail 42.13 % 42.53 % 42.55 % 43.72 %
Mutual Funds 27.79 % 24.69 % 25.56 % 26.49 %
FII 15.61 % 18.09 % 17.90 % 17.93 %
Others 12.25 % 12.45 % 11.76 % 9.61 %
Promoters 2.22 % 2.24 % 2.24 % 2.24 %

Retail

42.13%

Mutual Funds

27.79%

FII

15.61%

Others

12.25%

Promoters

2.22%

Retail

42.53%

Mutual Funds

24.69%

FII

18.09%

Others

12.45%

Promoters

2.24%

Retail

42.55%

Mutual Funds

25.56%

FII

17.90%

Others

11.76%

Promoters

2.24%

Retail

43.72%

Mutual Funds

26.49%

FII

17.93%

Others

9.61%

Promoters

2.24%

Resistance and Support

₹192.75

PIVOT

resistance-arrow
Resistance
First Resistance₹194.400
Second Resistance₹196.150
Third Resistance₹197.800
support-arrow
Support
First Resistance₹191.000
Second Resistance₹189.350
Third Resistance₹187.600
RSI75.695
MACD7.797
ADX21.688
CCI95.895

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day1,482,300527,94351.41
Week4,002,522738,09350.80
1 Month2,507,5021,150,52352.06
6 Months1,482,300898,81960.64

About Karur Vysya Bank Ltd

Karur Vysya Bank is a privately held Indian bank, headquartered in Karur in Tamil Nadu. The company operates in four business segments: treasury operations, corporate/ wholesale banking operations, retail banking operations and other banking operations. The company's investments are categorized into three categories, held to maturity, held for trading and available for sale. Karur Vysya Bank was incorporated on June 22, 1916. The Bank commenced their operations on July 1, 1916 in the aftermath of the First World War, with a view to revive agriculture, trade and industry in and around Karur. In January 17, 1927, they opened their first branch at Dindigul. In the year 1952, the Bank became a scheduled bank. In the year 1963, Selvavridhi Bank Ltd was amalgamated with the Bank. Also, in the year 1964, Salem Shri Kannika Parameswari Bank Ltd and Pathinengrama Arya Vysya Bank Ltd, Kombai were amalgamated with the Bank. In the year 1965, Coimbatore Bhagyalakshmi Bank Ltd merged with the Bank. In the year 1980, the Bank got the license to deal in foreign currencies and to transact foreign exchange business. They established International Division for forex operations. In the year 1995, the Bank issued 20,00,000 bonus shares in the ratio of 1:1 which was followed by rights issue in the ratio of 1:2 at a premium of Rs 25 per share during the year 1996. In the year 2003, the company obtained license to act as a Corporate agent for the purpose of procuring or soliciting life insurance business and general insurance business. They made a tie up for bancassurance with Bajaj Allianz General Insurance to hawk their non-life insurance products through their branches. In the year 2004, they completed 100% computerization of branches and offices. In the year 2005, they implemented CBS in all branches. During 2004-05 the Bank introduced 6 new loan products, namely KVB Special Home Loan, IPO Funding Scheme, KVB Kisan Mitra Scheme, Easy Trade Fin Scheme, KVB Happy Kisan Scheme and Gold Card Scheme for Export Constituents of the Bank. Also, they launched a new product; 'Cash Passport' which is similar to ATM/ Debit card and this product is offered in pursuance of the agreement entered into with Travelex', which is engaged in travel related services all over the world. During the year, the Bank entered into an agreement with MITR consortium in which the customer can use the ATMs of Punjab National Bank, Oriental Bank of Commerce, Indian Bank and UTI Bank. Also, the Bank implemented RTGS facility for instant funds transfer across the country in 26 centres. During the year 2005-06, the Bank launched Mobile Top-up facility to re-charge the cell phone of all service providers through the ATM. They opened new branches at Ludhiana, Chandigarh, Trichy-Srirangam, Nerul-Mumbai, Krishnagiri, Noida and Amritsar. In the year 2008, the Bank won the prestigious CFBP Jamnalal Bajaj Award for Fair Business Practices. In the year 2009, the Bank received Banking Technology Excellence Award 2008 for the best use of IT for customer service in Semi Urban and Rural Areas given by the IDRBT. During the year 2008-09, the company opened 23 new branches and upgraded one extension counter into a full-fledged branch. They entered into a tie-up with Religare Securities Ltd for providing trading facility to the Demat customers. Also, they entered into tie-up arrangement with LIC Mutual Fund for distributing their products. During the year 2009-10, the company expanded their network in order to increase the market share. They opened 23 new branches and 54 new ATMs. The Bank received the Gold CIO award in more than Rs 1000 crore category of the Enterprise Connect Awards '09 instituted by CIOL (Cyber Media India Online Ltd). They Received Banking Technology Excellence Award instituted by IDRBT for under the category 'Best IT Infrastructure Management' for the year 2009. As of December 31, 2010, the Bank set up 360 branches, 437 ATMs, 7 satellite offices, 13 service centers and 24 administrative offices. They have implemented core-banking solutions across all its branches. The Bank has set up a Disaster Recovery Site (DRS) at Cyber Pearl, Hi-Tech City, Hyderabad. The Bank is ensuring less than 30 minutes old data backup of the Primary Data Centre Databases at this DRS using a Disaster Recovery Automation Solution. During the financial year 2013-14, Bank opened 21 Branches and added 345 ATMs. With this, as at the end of March 31, 2014 the Bank has a total network of 572 branches and 1617 ATMs with PAN India presence. The aggregate customer outlets of the Bank (both Branch net work and ATMs installed) rose to 2189. To facilitate remittance of cash on real time basis to customers' accounts, your Bank has introduced 153 Cash Deposit Machines or Bunch Note Acceptors (BNA). The Bank has 667 branches and 1655 ATMs as on 31 March 2016. The bank had added 38 branches and 10 ATMs during the year to improve its footprint throughout the country including un-banked centres in tune with RBI guidelines. The Board of Directors at its meeting held on 19th September, 2016 considered and approved the sub-division of one equity share of the Bank having face value of Rs 10/- each into five equity shares of face value of Rs 2/- each and consequential alteration in the relevant clauses of Memorandum and Articles of Association of the Bank and the same was approved by the Members of the Bank through postal ballot on October 27, 2016. Board of Directors of the Bank fixed November 18, 2016 as Record Date for the purpose of sub-division of face value of equity shares of the Bank. Accordingly equity shares of face value of Rs 2/- each were issued to all the members who were holding equity shares of Rs 10/- each on November 18, 2016. The Bank has 711 branches and 1747 ATMs as on 31 March 2017. The Bank had added 44 branches and 115 ATMs during the year to improve its footprint throughout the country including un-banked centres in tune with RBI guidelines accounted for technology initiatives. During the fiscal 2017-18, the Bank has successfully raised capital by way of Rights Issue in the ratio of one Rights Share for every six shares held on the record date (i.e., October 13, 2017) along with Employee Reservation Portion of 11,73,17,101 Equity Shares of face value of Rs 2/- each for cash at a price of Rs 76/- per Equity Share (including a premium of Rs 74/- per Equity Share) aggregating to Rs 891.61 Crore. The Rights Issue was over subscribed by 1.53 times, which shows the belief and confidence on the Bank's business and its future. The Rights Shares allotment was made on 22nd November 2017. During the FY 2017-18, Bank has opened 79 branches including 2 digital branches and 1 extension Counter. The Bank has also opened 6 Corporate Business Units (CBU), 5 Central Loan Processing Cells (CLPC), 3 Asset Recovery Branches (ARB) and a Currency Chest at Hyderabad. The total number of branches as on 31 March 2018 stood at 790. The Bank has 1795 ATMs and 533 BNA Recyclers meant for serving the customers of the Bank as on 31st March 2018, which includes 78 ATMs and 90 BNA Recyclers installed during the year under report.

Managing Director

Ramesh Babu Boddu

Founded

1916

NSE Symbol

KARURVYSYA

Karur Vysya Bank Ltd Management

NameDesignation
Meena HemchandraChairperson(Part-time)
Ramesh Babu BodduManaging Director & CEO
M V SrinivasamoorthiNon-Exec & Non-Independent Dir
K S RavichandranIndependent Non Exe. Director
R RamkumarNon-Exec & Non-Independent Dir
K G MohanIndependent Non Exe. Director
Harshvardhan RaghunathIndependent Non Exe. Director
Murali RamaswamiIndependent Non Exe. Director
Chinnasamy GanesanIndependent Non Exe. Director
M Srinivasa RaoDeputy General Manager / Compa

Karur Vysya Bank Ltd News

Karur Vysya Bank to inaugurate new branch
On 15 April 2024
Karur Vysya Bank increases MCLRs by 10 bps across tenors
With effect from 07 April 2024
Karur Vysya Bank extends its network to Perumbakkam and Vijayawada
Karur Vysya Bank surrenders its certificate of registration as Merchant Banker
Karur Vysya Bank hikes Base Rate and BPLR by 5 bps
With effect from 13 March 2024
Karur Vysya Bank allots 3.31 lakh equity shares under ESOS
Karur Vysya Bank receives affirmation in credit rating for CD programme
From ICRA
Karur Vysya Bank revises MCLRs across tenors
with effect from 07 February 2024
Karur Vysya Bank expands its network to 834 branches
Karur Vysya Bank hits 52-week high after Q3 PAT climbs 42% YoY
Karur Vysya Bank surged 9.22% to Rs 185.45 after the bank’s standalone net profit jumped 42.28% to Rs 411.63 crore on 24.07% increase in total income to Rs 2,497.17 crore in Q3 FY24 over Q3 FY23.

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Karur Vysya Bank Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Karur Vysya Bank Ltd shares in BlinkX

The share price of any stock is volatile and changes during the day due to a variety of variables. Karur Vysya Bank Ltd's share price is ₹191.85 as of April 12, 2024

The 52-week high/low price of a Karur Vysya Bank Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. Karur Vysya Bank Ltd's 52-week high and low as of April 12, 2024 are ₹195.9 and ₹191 respectively.

As of the Dec 2023 quarter, the promoter shareholding in Karur Vysya Bank Ltd stands at 2.22%. During the same period, Institutional Investors have shown a slight decrease in their holdings, dropping from 18.09% to 15.61%.