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KARURVYSYA — Karur Vysya Bank News Story

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Refile: BUZZ-India's Karur Vysya Bank falls after Q1 income dips sequentially, GNPAs rise

REFILE-BUZZ-India's Karur Vysya Bank falls after Q1 income dips sequentially, GNPAs rise

Corrects second bullet point to say drop is sequential

** Shares of Indian lender Karur Vysya Bank KARU.NS fall 3.8% to 298 rupees

** Co on Monday reported a 0.8% sequential drop in Q1 total income; total expenditure rose 8.4% YoY

** Gross non-performing assets rose to 0.74% from 0.66% a year earlier

** More than 5.1 mln shares traded by 3:01 p.m., 1.8x the 30-day average

** KARU rated "buy" on average by 16 analysts; median PT is 360 rupees - LSEG

** Stock up 13% YTD


(Reporting by Abhirami G in Bengaluru)

((abhirami.g@thomsonreuters.com))

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