Is Karur Vysya Bank at risk?

* Stable resource profile marked by high retail deposits While KVB’s overall deposits reduced to Rs 59075 crore in March 2020 from Rs 62262 crore in December 2019, the bank was able to recover the same partially over the next 3 months wherein deposits grew to Rs 60065 crore.

What is happening in Karur Vysya Bank?

Karur Vysya Bank Q2 results: Net profit jumps 44\% to Rs 165 crore. The bank’s total income from operations during the July-September quarter of 2021-22, however, was down at Rs 1,561.05 crore as against Rs 1,577.45 crore in the same period of 2020-21, KVB said in a release.

What is the new name of Corporation Bank?

the Union Bank of India
In 2019, finance minister Nirmala Sitharaman announced that Corporation Bank and Andhra Bank would be merged into the Union Bank of India, with all their branches becoming branches of the latter on 1 April 2020.

Why is Karur Vysya Bank falling?

The bank largely has a retail deposit base with retail term deposits plus low-cost CASA deposits forming close to 96 percent of total deposits. Focusing on quality resulted in a fall in the cost of the deposits, lending stability to interest margins.

Is Karur Vysya Bank Public or private?

Karur Vysya Bank is a privately held Indian bank headquartered in Karur in Tamil Nadu.

Where is the headquarter of Karur Vysya Bank?

Karur, India
Karur Vysya Bank/Headquarters

Is Karur Vysya Bank primed for a merger?

Karur Vysya has been portrayed as primed for a merger, for several years now. Mergers happen, if it adds a certain field/ business that the acquirer bank lacked – like credit cards, microfinance, retail assets etc. there is some kind of synergy that helps. Mergers are not positive for the employees, hence, rumors multiply with insecurity.

Is the Kotak-Vysya merger a good or bad idea?

But the Kotak-Vysya marriage is completely voluntary and has been made for strategic reasons. After evaluating the transaction, we can conclude that merger is done from the view of cost avoidance rather than cost efficiency. It will help both banks, their shareholders and customers and the industry in general.

What is the exchange ratio of ING Vysya to Kotak Securities?

This exchange ratio indicates an implied price of Rs.790 for each ING Vysya share based on the average closing price of Kotak shares during one month to November 19, 2014, which is a 16\% premium to a like measure of ING Vysya market price.

What is the meaning of the name of Vysya Bank?

Vysya bank, the name of the original entity is from Karnataka. Vysya means business and it is the business community people vysyas who are behind both the ventures. Vysyabank, later was merged with ING group sometime in 2002. How good is Karur Vysya Bank for a 5-year investment?