Karur Vysya-bank

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Karur Vysya-bank - Total results - 15
Coronavirus Outbreak: Karur Vysya Bank donates Rs 1 cr to TN govt towards Covid-19 relief
Business

Coronavirus Outbreak: Karur Vysya Bank donates Rs 1 cr to TN govt towards Covid-19 relief

Private sector Karur Vysya Bank has contributed Rs one crore to Tamil Nadu Chief Minister's Public Relief Fund in view of the coronavirus outbreak

Why did the monetary policy doves stop cooing, Marico's stock performance uninspiring; all this and more on Moneycontrol Pro
Business

Why did the monetary policy doves stop cooing, Marico's stock performance uninspiring; all this and more on Moneycontrol Pro

Unlike frontline FMCG stocks, Marico’s stock performance has been uninspiring over the last one year.

Karur Vysya Bank Q1 net profit jumps by 59% to Rs 73 cr; bad loans rise to 9.17%
Business

Karur Vysya Bank Q1 net profit jumps by 59% to Rs 73 cr; bad loans rise to 9.17%

Karur Vysya Bank on Wednesday reported a jump of 59 percent in its net profit at Rs 72.92 crore in the first quarter of the current fiscal, on two-fold jump in one of the interest components and lower provisioning for bad loans

ArcelorMittal resolution plan violates Insolvency & Bankruptcy Code, says Prashant Ruia to NCLAT
Business

ArcelorMittal resolution plan violates Insolvency & Bankruptcy Code, says Prashant Ruia to NCLAT

Until 31 December 2018, Mittal was a shareholder of Navoday Consultants, which in turn was a shareholder in certain companies run by his brothers Pramod and Vinod Mittal, which had defaulted on bank loans.

RBI slaps Rs 1 crore fine on Yes Bank for non-compliance of directions on SWIFT messaging software
Business

RBI slaps Rs 1 crore fine on Yes Bank for non-compliance of directions on SWIFT messaging software

Swift is the global messaging software used for transactions by the financial entities.

RBI imposes Rs 11 crore fine on 4 banks for non-compliance in Swift operations
Business

RBI imposes Rs 11 crore fine on 4 banks for non-compliance in Swift operations

Post the PNB fraud, which came to light in February 2018, the RBI has been tough on banks to tighten all kind of their transactions.

RBI imposes Rs 8 crore fine on three banks for non-compliance of directions on Swift messaging software
Business

RBI imposes Rs 8 crore fine on three banks for non-compliance of directions on Swift messaging software

The Reserve Bank of India has imposed a total monetary fine of Rs 8 crore on three banks - Karnataka Bank, United Bank of India and Karur Vysya Bank - for non-compliance of directions on Swift messaging software

Karur Vysya Bank Q1 net profit falls 69% to Rs 68.97 crore; gross NPAs rise to 7.44%
Business

Karur Vysya Bank Q1 net profit falls 69% to Rs 68.97 crore; gross NPAs rise to 7.44%

Private sector Karur Vysya Bank's net profit plunged 68.97 percent to Rs 68.97 crore for the quarter ended 30 June on the account for higher provisions for bad loans

Two days after RBI hikes repo rate, Bank of India raises lending MCLR by 10 bps across various tenors
Business

Two days after RBI hikes repo rate, Bank of India raises lending MCLR by 10 bps across various tenors

Following peers, state-owned Bank of India has hiked lending rates based on MCLR by 0.10 percent for various tenors.

A day after RBI hiked the repo by 25 bps, Indian Bank, Karur Vysya raise lending rates
Business

A day after RBI hiked the repo by 25 bps, Indian Bank, Karur Vysya raise lending rates

Within a day of RBI hiking the key lending rate, banks have started raising interest rates which will increase EMIs for auto, home and business loans

Pranab Mukherjee praises Raghuram Rajan's efforts to tackle NPAs
Business

Pranab Mukherjee praises Raghuram Rajan's efforts to tackle NPAs

Just retired RBI Governor Raghuram Rajan's clean-up of more than $ 100 billion of stressed assets on the books of banks on Saturday came in for praise from President Pranab Mukherjee who felt rising NPAs are not a desirable situation.

Day-long strike affects clearing business at banks
Business

Day-long strike affects clearing business at banks

While clearing business was affected across the country, banks have fully stocked the ATM machines.

Karur Vysya Bank Selects Polaris' Intellect Global Transaction Banking Solution
Biztech

Karur Vysya Bank Selects Polaris' Intellect Global Transaction Banking Solution

Intellect GTB's comprehensive Transaction Banking architecture to fuel growth of the bank's transaction banking service.

ISACA, IDRBT Recognise Banks For IT Risk Mgmt Programs
Biztech

ISACA, IDRBT Recognise Banks For IT Risk Mgmt Programs

ICICI, Karur Vysya and South Indian Bank earn award for managing IT risk.

IBM To Implement CTS At Karur Vysya Bank
Biztech

IBM To Implement CTS At Karur Vysya Bank

Karur Vysya Bank (KVB) has chosen IBM to modernise their clearing systems and subsequently implement CTS.