Rekha Jhunjhunwala Ups Stake in Karur Vysya Bank Ahead of Blackstone’s Strategic Interest

Prominent investor Rekha Jhunjhunwala has increased her exposure to Karur Vysya Bank by purchasing approximately 2.3 crore shares, taking her overall holding to nearly 4.8%. The accumulation preceded Blackstone’s proposed entry into the midcap lender, which has become one of the best-performing regional banks of 2025. Shares have advanced more than 60% year-to-date amid improving credit growth and asset quality. Analysts point to consistent earnings upgrades, rising CASA ratios, and growing institutional participation as drivers of continued momentum in India’s mid-tier banking segment.