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The Economic Times
The Economic Times
Business

Karur Vysya Bank targets 18-20% credit growth in FY27, corporate lending capped at 20%

Karur Vysya Bank Ramesh Babu Agriculture Gold

Mumbai: Private sector lender Karur Vysya Bank (KVB) has guided for 18-20 per cent growth in advances in FY27, and will be focusing on retail, agriculture and MSME lending, a top official said on Friday.

"We are targeting 18-20 per cent growth in total advances in FY27. Our advances grew by around 16 per cent last fiscal, and we believe moving to 18-20 per cent is achievable with our existing teams and systems," Ramesh Babu, managing director and chief executive officer of the bank, told PTI in an interview.

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