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Bloomberg Quint

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Image Credit: Bloomberg Quint

Karur Vysya Bank Can Rally 44%, Says ICICI Securities, Maintains 'Buy' — Here's Why

  • Karur Vysya Bank can rally 44%, says ICICI Securities, maintains 'Buy'
  • Despite factoring in NIM moderation, Karur Vysya’s RoA/RoE may exhibit resilience and outpace peers.
  • The brokerage expects Karur Vysya Bank to retain its leadership on RoA/RoE among mid-cap banks.
  • Karur Vysya Bank has built strong resilience in growth, opex, and asset quality.

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