Karur Vysya Bank reaches new milestone, inaugurates 850th branch

KVB’s 56 % of branches are in rural and semi-urban areas which is a testimony of the bank’s commitment towards financial inclusion across India.

Karur Vysya Bank reaches new milestone, inaugurates 850th branch
Karur Vysya Bank reaches new milestone, inaugurates 850th branch

Karur Vysya Bank started in the year 1916 and today has a gamut of financial services, all under one roof, and service millions of customers. KVB’s 56 % of branches are in rural and semi-urban areas which is a testimony of the bank’s commitment towards financial inclusion across India.

The 850th branch was inaugurated by Mr. B. Ramesh Kumar, MD & CEO, Karur Vysya Bank. The inauguration ceremony witnessed a vibrant gathering that included renowned personalities from the region, business leaders, Branch Managers and other officials of the Bank. The new branch is located at 19/10, 3rd Main Street, Officers Colony, Adambakkam, Chennai - 600 088.

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The banks’ total business stood at Rs. 1,76,138 crores as on 30.09.2024 with a deposit base of Rs. 95,839 crores and advances of Rs. 80,299 crores. With a network of 854 branches, KVB has an employee strength of 9085.

KVB offers various digital banking services to its customers. KVB DLite - the mobile banking app witnessed 5.63 million downloads which offers convenience of financial and non-financial services through 150+ features.

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