KARUR VYSYA BANK LTD.

Karur Vysya Bank (KVB) has increased its interest rates on Foreign Currency Non-Resident (FCNR) deposits, offering Non-Resident Indians (NRIs) a higher return on their foreign currency savings. The bank is now offering 7.00% per annum on US Dollar (USD) FCNR deposits for tenures of three years and above, which is the highest rate on its FCNR ladder. These deposits allow NRIs to save in foreign currency for one to five years, mitigating rupee exchange risk. The revised rates are effective from June 10, 2026. Key benefits for NRIs include tax-efficient returns, no rupee exchange risk, and options for forward contracts, loans against deposits, and smooth account transitions. The bank aims to attract NRI investments with this attractive proposition.

Karur Vysya Bank Ltd announced the participation of its top management, including the MD & CEO, Executive Director, and CFO, in an Institutional Investor/Analyst meet organized by ICICI Securities. The meeting, held on June 08, 2026, in Mumbai, focused on discussions where only publicly available information was shared. The bank explicitly stated that no Unpublished Price Sensitive Information (UPSI) was disclosed during the interactions. This disclosure is a voluntary measure following NSE's guidance on best practices for such investor engagements.

Karur Vysya Bank (KVB) has expanded its network by opening a new branch in Villivakkam, Chennai, marking its 903rd branch nationwide. The inauguration was attended by local dignitaries. The bank aims to bring modern banking services closer to the residents and businesses in north Chennai, offering tailored financial solutions and digital banking tools. This expansion is part of KVB's strategy to strengthen its presence in Tamil Nadu and support regional development. As of March 31, 2026, KVB reported a total business of ₹2,14,420 crore, with a net profit of ₹2,510 crore for FY26.

Karur Vysya Bank Ltd has announced an Institutional Investors/Analysts meet scheduled for June 08, 2026, in Mumbai. The event, named 'ICICI Securities India Investor Conference India Rising: The Next Chapter,' will be held at the Grand Hyatt, Santacruz East. The bank will refer to publicly available documents for discussions and will not share any UPSI or material information during the conference.

Karur Vysya Bank Ltd has informed the BSE about the opening of a new branch in Chennai. The branch, located at No. 12/4, Sidco Nagar, Villivakkam, Chennai - 600 049, was inaugurated on June 4, 2026. This is pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Karur Vysya Bank (KVB) has launched a premium credit card portfolio on the Visa platform, targeting affluent customers with lifestyle-led benefits. The portfolio includes four variants: Aura (Visa Platinum), Samara (Visa Signature), Altura (Visa Infinite), and Eternis (Visa Infinite). These cards offer curated travel, dining, and lifestyle benefits, including hotel partnerships, airport lounge access, and premium dining memberships. The partnership with Visa aims to enhance customer experience and engagement.

Karur Vysya Bank Ltd. announced that the Commissioner of Income Tax (Appeals) partly allowed the bank's appeal against a demand raised by the Income Tax Department for AY 2022-23 (FY 2021-22). The original demand was ₹40.34 crore. The bank is challenging the order further, believing it has strong grounds for appeal and expects the entire demand to be set aside. The bank anticipates no impact on its financials, operations, or other activities.

Karur Vysya Bank Ltd has announced a revision in its Marginal Cost of Funds Based Lending Rates (MCLR), effective May 22, 2026. The overnight MCLR is revised to 8.65% from 8.85%, the one-month MCLR to 8.55% from 9.00%, the three-month MCLR to 8.85% from 9.00%, and the six-month MCLR to 9.00% from 9.15%. The one-year MCLR remains unchanged at 9.15%.

Karur Vysya Bank Ltd. reported its audited financial results for the quarter and year ended March 31, 2026. The bank's total business reached ₹2,14,420 crores, a 15% increase compared to the previous year's ₹1,86,569 crores. Advances grew by 17% to ₹98,754 crores, and deposits increased by 13% to ₹1,15,666 crores. RAM Verticals constituted 86% of the overall advances portfolio, with retail loans at 27%, agriculture at 25%, and commercial loans at 35%. The corporate portfolio grew by 12% year-on-year.

The Board of Directors of Karur Vysya Bank Ltd, in its meeting on May 07, 2026, recommended a dividend of ₹2.60 per equity share with a face value of ₹2 each (130%) for the financial year ended March 31, 2026. The dividend is subject to shareholder approval at the upcoming Annual General Meeting. The record date for the dividend payment will be announced later.