Karur Vysya Bank Ltd has submitted to BSE a copy of the Transcript of Conference Call held on July 20, 2026, at 6:30 P.M. (IST), in connection with the unaudited Financial Results of the ....

Classification | REGULATORS IRC: F48: 120: 252: 2026 24th July 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 June 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 20th July 2026, at 6:30 P.M. (IST), in connection with the unaudited Financial Results of the Bank for the quarter ended 30th June 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 Q1 FY27 Earnings Conference Call” July 20, 2026 MANAGEMENT: MR. B. RAMESH BABU – MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER – KARUR VYSYA BANK LIMITED MR. SANKAR BALABHADRAPATRUNI – EXECUTIVE DIRECTOR – KARUR VYSYA BANK LIMITED MR. CHANDRASEKARAN – CHIEF OPERATING OFFICER – KARUR VYSYA BANK LIMITED MR. RAMSHANKAR – CHIEF FINANCIAL OFFICER – KARUR VYSYA BANK LIMITED Page 1 of 22 Classification | CONFIDENTIAL Karur Vysya Bank Limited July 20, 2026 Moderator: Ladies and gentlemen, good day, and welcome to the Q1 FY27 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. Sankar Balabhadrapatruni, Executive Director; Mr. Chandrasekaran, Chief Operating Officer; and Mr. Ramshankar, CFO. As a reminder, all participant lines are in a 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: Thank you. Thank you, Sagar. Good evening to all of you. On behalf of Karur Vysya Bank, I extend a warm welcome to everyone joining our bank's quarter 1 earnings call for the financial year '26-'27. Our financial results and accompanying presentation have been made available on our website, and we trust that you would have had an opportunity to review them thoroughly in advance for this meeting. During our Q4 earnings call in May '26, we had indicated that the outlook for financial year '26-'27 would remain one of cautious and moderated growth. We also emphasize the need to navigate the evolving operating environment carefully while ensuring that growth is pursued without compromising portfolio quality. Excellence is not a destination. It is a discipline. This quarter's performance reflects the discipline embedded in our business model, risk management and customer engagement. We are pleased to report that our key performance indicators are broadly in line with the guidance shared earlier. During the first quarter, we successfully front-loaded our business growth, consistent with our approach over the past few years. Importantly, this 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 from the beginning of the financial year. As of 30th June 2026, the bank's total business reached INR2,27,267 crores, reflecting our sustained growth momentum in the first quarter with an overall business increase of 6% quarter-on-quarter and year-on-year growth of 16%. Advances rose to INR1,04,680 crores, representing growth of 6% again quarter-on-quarter, while deposits increased to INR1,22,587 crores, achieving a quarter-on-quarter growth at the rate of 6%. The composition of our advances portfolio remained broadly stable during the quarter with RAM segments continuing to account for 86% of the portfolio and the corporate segment contributing the remaining 14%. The commercial business segment demonstrated a 6% growth Page 2 of 22 Classification | CONFIDENTIAL Karur Vysya Bank Limited July 20, 2026 over the previous quarter, driven by higher disbursements in both small business group and business banking group. So Business Banking Group, the quarter-on-quarter, the disbursements are up by 45%. The growth came predominantly in sectors like food processing, retail and wholesale trade, engineering, transport operators and CRE. Tailor-made products such as GST surrogate for customers with limited financial data and open term loan product started during the last quarter are slowly gaining traction in the current year. Small business group relationship model has been extended to 77 branches now from the earlier 75 branches, wherein the primary objective of a relationship manager is to acquire NTB customers, new-to-bank customers. Retail advances increased by 6% quarter-on-quarter, primarily driven by growth in jewel loans and mortgage loans. Retail jewel loans registered a 12% growth during the quarter. Mortgage loans registered a growth of 9% over the previous quarter. Our BNPL book grew by 2% during the quarter. Mortgage focused branches have been increased from 144 branches to 175 branches this year. We have relaunched our credit card offering to our existing customers and plan to extend it to the new-to-bank customers in the second half of this year. Loan against mutual funds product is expected to be launched by the end of second quarter, and the integration with the IT has been more or less completed. Overall, the retail assets grew by 23% on a year-on-year basis. In line with the prevailing market scenario, gold prices have witnessed a decline over the last 3 months. Despite various challenges, the agriculture loan portfolio recorded a growth of 5% during the quarter. Although the monsoon onset has been delayed and supplemental irrigation programs are being implemented, the overall outlook remains neutral. Agri jewel loans constituted 92% of the portfolio and other agri loans constitute 8% of the portfolio. The overall LTV is maintained at 63.7% for agriculture gold loans and 56.83% for the non- agriculture gold loans as of the end of June 2026. We closely monitor the LTV levels, any breach triggers and automated alert to the branches. The corporate and institutional loan portfolio demonstrated again a growth of 6% during the quarter, primarily driven by the new relationships in segments like commercial real estate, capital market participants and EPC and infrastructure sector. Disbursements as well as the growth has been the highest in the last 5 quarters in this vertical, depicting revival in this segment. We continue to focus on credit substitutes and had a growth of INR171 crores during the quarter. All of you can recollect a few quarters back, we have told our revised approach for the credit substitutes. So that's the reason we have grown again INR171 crores during this quarter. We will persist our focus on ETB customers and accelerating A and above on this particular segment for the credit substitutes. The bank's liability business constitutes 54% of the total Page 3 of 22 Classification | CONFIDENTIAL Karur Vysya Bank Limited July 20, 2026 business of the bank. Our deposits grew by 6% during the quart [Showing first 8,000 characters — download PDF for full document]