Karur Vysya Bank shares down over 3% on Q2 earnings

The scrip of Karur Vysya Bank on Tuesday fell by over 3 per cent after the company reported a 40 per cent fall in net profit for the September quarter. The stock declined by 3.23 per cent to end at ~124.45 on the BSE. Intra-day, it dropped 4.93 per cent to ~122.25. On the NSE, shares of the company slipped 3.44 per cent to close at ~124.70. Private sector Karur Vysya Bank on Tuesday reported a 40 per cent fall in net profit at ~75.65 crore for the September quarter due to increased provisioning for rising bad loans. PTI<