[ad_1] Karur Vysya Bank has released its business update for the second quarter of FY2024. As of September 30, 2024, the bank reported total advances of ₹80,296 crore, reflecting a year-on-year increase of 14%. Total deposits for the bank reached ₹95,839 crore. This marks a rise of 15.4% compared to ₹83,068 crore from the previous […]
Karur Vysya Bank cuts EBLR, SBI increases MCLR: What this means for your loans – CNBC TV18
[ad_1] Karur Vysya Bank has announced a reduction in its External Benchmark Lending Rate (EBLR) from 10.05% to 9.9%, effective August 19. EBLR, which is a key interest rate used to determine the cost of loans, is set independently by banks, not by the Reserve Bank of India (RBI). This reduction could potentially lower the […]