Analysts/Institutional Investor Meet/Con. Call Updates

Classification | REGULATORS IRC: F48: 164: 366: 2026 17th October 2026 The Manager, The Manager, National Stock Exchange of India Ltd, BSE Limited, Exchange Plaza, 5th Floor, Phiroze Jeejeebhoy Towers, Plot No. C-1, ‘G’ Block, Dalal Street, Bandra- Kurla Complex, Mumbai – 400001 Bandra (East), Mumbai - 400051 Scrip Code: KARURVYSYA Scrip Code: 590003 Dear Sir/Madam, Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Transcript of the Conference Call held with respect to the Unaudited Financial Results of the Bank for the Quarter ended 30th September 2026 ****** Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we have enclosed herewith the Transcript of Conference Call held on 15th October 2026, at 6:00 P.M. (IST), in connection with the Unaudited Financial Results of the Bank for the Quarter ended 30th September 2026. The same is also made available on the website of the Bank and can be accessed on the following link: https://www.kvb.bank.in/investor-corner/regulation-30-sebi-disclosure/investor- con-call-transcripts-and-recordings/ Kindly take the same on record. Yours faithfully, Srinivasa Rao Maddirala Company Secretary & Compliance Officer Encl: As above “Karur Vysya Bank Limited Q2 FY '26-'27 Earnings Conference Call” October 15, 2026 MANAGEMENT: MR. B. RAMESH BABU – MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER – THE KARUR VYSYA BANK LIMITED MR. CHANDRASEKARAN – CHIEF OPERATING OFFICER – THE KARUR VYSYA BANK LIMITED MR. RAMSHANKAR – CHIEF GENERAL MANAGER – THE KARUR VYSYA BANK LIMITED MR. RAMASAMY – CHIEF FINANCIAL OFFICER – THE KARUR VYSYA BANK LIMITED Page 1 of 18 Classification | CONFIDENTIAL Karur Vysya Bank Limited October 15, 2026 Moderator: Ladies and gentlemen, good day, and welcome to the Q2 FY '26-'27 Earnings Conference Call of The Karur Vysya Bank. We have with us today the management team of KVB represented by Mr. Ramesh Babu, MD and CEO; Mr. Chandrasekaran, Chief Operating Officer; Chief General Manager, Mr. Ramshankar; and Mr. Ramasamy, CFO. As a reminder, all participant lines will be in the listen-only mode, and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing star then zero on your touchtone phone. Please note that this conference is being recorded. I now hand the conference over to Mr. B. Ramesh Babu, MD and CEO, to take us through the highlights of the quarter gone by, after which we will open the floor for questions. Over to you, sir. B. Ramesh Babu: Yes. Thank you, Sagar. Thank you. Good evening to all of you. On behalf of The Karur Vysya Bank, I extend a warm welcome to everyone joining our bank's Q2 Earnings Call for the financial year '26-'27. Our financial results and accompanying presentation have been made available on our website, and we trust you have had the opportunity to review them thoroughly in advance of this meeting. The domestic economy showed resilience in the first half of the current financial year. Despite continued global uncertainty and the conflict, the supply side pressures were alleviated by proactive policy measures by the government that ensured adequate supply of key inputs. System liquidity surplus surged in September 2026, mainly on account of Reserve Bank of India's swap facilities. Bank credit growth became broad-based and strengthened further. As discussed in our previous 2 earnings calls during the current year, we had indicated that financial year '26, '27 would be characterized by cautious and moderated growth. We had also emphasized the importance of navigating the evolving operating environment with discipline ensuring that business growth is pursued without compromising on the portfolio quality. We are pleased to report that our key performance indicators are broadly in line with the guidance shared earlier. The business growth has been balanced and broad-based with sustained performance across our 3 key priorities: growth, profitability and asset quality. This reflects the continued strength and resilience of our operating performance since the year's outset. As of 30th September 2026, the bank's total business reached INR2,39,712 crores, reflecting our sustained growth momentum in the second quarter with an overall business increase of 5% quarter-on-quarter and year-on-year growth of 18%. Advances rose to INR1,11,589 crores representing a growth of 7% quarter-on-quarter, while deposits increased to INR1,28,123 crores, achieving quarter-on-quarter growth rate of 5%. The composition of our advances portfolio remained broadly stable during the quarter with RAM segment continuing to account for 86% of the portfolio and the corporate segment contributed to the remaining 14%. Page 2 of 18 Classification | CONFIDENTIAL Karur Vysya Bank Limited October 15, 2026 The Commercial business segment continued to demonstrate an 8% growth over the previous quarter, driven by higher disbursements in both small business group and business banking group. So it comes to around 24% quarter-on-quarter, we can say the disbursement growth. The growth came predominantly in sectors like engineering, wholesale trade, commercial real estate, metal products, retail trade, textiles and transport operators. Tailor-made products such as GST surrogate for customers with limited financial data and open term loan product started during the March quarter have crossed INR450 crores outstanding at the end of this quarter. Small business group relationship manager model is gaining momentum, and this team has added 228 - new-to-bank customers during the quarter. Retail advances increased by 5% quarter-on-quarter, primarily driven by growth in mortgage loans and personal loans, sequentially down by 1% over the previous quarter. Mortgage loans registered a growth of 12% over the previous quarter. Personal loans grew by 11% over the previous quarter, driven by secured PL and unsecured business loans equally. Retail jewel loans marginally declined by 1% during the quarter. We did not reduce the pricing in retail jewel loan segment to have a calibrated growth and hence, declined sequentially. The agriculture loan portfolio recorded a growth of 4% during the quarter. The increase in oil prices due to Gulf market prices, coupled with a moderation in agriculture commodity prices provided support for the business growth to some extent. Favorable expectation of the monsoon in the third quarter, coupled with favorable growth indicators of the growth in Agri inputs, the overall outlook remains neutral. Agri-jewel loans constituted 92% of the portfolio and other Agri loans constituted 8%. The overall LTV is maintained at 67% for Agriculture Gold loans and 59% for non-Agri Gold loans as on 30th September 2026. We closely monitor the LTV levels, any breach triggers an automated alert to the branches. The overall jewel loan portfolio of the bank stood at INR32,153 crores, constituting 29% of the total advances. Our endeavor is to keep the same between 35% of the total advances or 32% in terms of the total exposure levels. Suppose if you look at 32% of the total exposure level, even then we will be 26%, 27%. If we look at the outstanding, it will be around 29%. So that way, in both the cases, we have sufficient room available for us for the growth in the jewel loan portfolio. The corporate and institutional loan portfolio has grown by 12% during the quarter. The credit demand was seen in the segment like EPC, infrastructure sectors, commercial real estate, capital market participants and selective capex in textiles and NBFCs. Even though the corporate portfolio has been growing well in the last 2 quarters, the average ticket size of the portfolio still remained at INR42 crores at the end of Q2. We continued our focus on credit substitutes and had a growth of around INR500 crores during the [Showing first 8,000 characters — download PDF for full document]