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Our Bureau

Coimbatore , Oct. 31

Karur Vysya Bank's Q2 net profit is up by 54.76 per cent at Rs 42.56 cr against Rs.27.50 cr during the corresponding quarter of the earlier fiscal.

Its total interest income swelled to Rs 208.95 cr (Rs 161.92 cr). Interest on advances grew 27.46 per cent to Rs 145.14 crore (Rs 113.87 crore), while other incomes rose by 39.16 per cent to Rs.52.56 crore (Rs 37.77 crore).

Its net NPA slipped to less than half-a-per cent compared to 1.36 per cent a year ago. "It is due to our relentless recovery drive ," said the bank's Chairman Mr P.T. Kuppuswamy.

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