Karur Vysya Bank Ltd

CMP : 203


Karur Vysya Bank Ltd. provides corporate banking, retail banking, commercial and personal banking to retail and personal customers. The Bank also offers insurance, internet banking and development banking services.

Karur Vysya Bank currently trades at a P/E of 11. Revenues and PAT have been steady and rising for the last 5 years. Its one of the best banks in mid-cap space. NPM is pretty close to 25%. Its a safe bet for long term investors and expect 30 - 40% returns a year. Buy, accumulate on dips and hold.