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Karur Vysya Bank targets 18–20% growth in advances in FY27
The Economic Times, publishing a PTI interview, reports retail, agriculture and MSME loans account for 86% of the bank’s advances.
TLDR
The Economic Times, publishing a PTI interview with CEO Ramesh Babu, reports that Karur Vysya Bank is targeting 18–20% growth in total advances in FY27, up from around 16% last fiscal year. Babu said the bank intends to expand corporate lending but cap high-value loans at around 20% and avoid large-ticket exposures. It also expects gold loans to drive growth.
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