Karur Vysya Bank

Last updated

The Karur Vysya Bank Limited
Company type Public
BSE:  590003
NSE:  KARURVYSYA
Industry Banking
Financial services
Founded1916
Headquarters Karur, Tamil Nadu, India
Key people
Meena Hemchandra (Chairperson)
Ramesh Babu B (MD & CEO)
Products Consumer banking, Corporate banking, Finance and Insurance, Investment banking, Mortgage loans, Private banking, Wealth management, Credit cards
RevenueIncrease2.svg₹11,602 crore (US$1.4 billion) (FY2024–25) [1]
Increase2.svg₹4,259 crore (US$500 million) (FY2024–25) [1]
Increase2.svg₹1,856 crore (US$220 million) (FY2024–25) [2]
Total assets Increase2.svg₹220,000 crore (US$26 billion) (FY2024–25) [1]
Number of employees
9,100 (2025) [3]
Capital ratio 16.7% (Capital adequacy) [3]
Website kvb.bank.in

Karur Vysya Bank is an Indian private sector bank, headquartered in Karur, Tamil Nadu. Established in 1916, the bank provides retail, corporate, and treasury banking services, and operates branches across India. [4]

Contents

History

A Karur Vysya Bank branch in Mysore Karur Vysya Bank - Mysore Branch.jpg
A Karur Vysya Bank branch in Mysore

Karur Vysya Bank was founded on 25 July 1916 by M. A. Venkatarama Chettiar and Athi Krishna Chettiar to serve the banking requirements of traders and agricultural communities in and around Karur, Tamil Nadu. [5] The institution gradually expanded beyond its regional base and developed into a pan-India banking network over the following decades. [6]

The bank's centenary celebrations were held in 2016 in Chennai, and were attended by the then President of India, Pranab Mukherjee. [7]

Operations and network

As of January 2026, Karur Vysya Bank operated had 899 branches [8] and 1,650 automated teller machines (ATMs) across multiple states in India. [9]

The bank provides services in:

Its operations are regulated by the Reserve Bank of India and governed by statutory disclosures filed with Indian stock exchanges. [11]

See also

References

  1. 1 2 3 "Karur Vysya Bank reports strong FY25 performance". The Economic Times. 2025.
  2. ↑ "KVB reports 21.3% rise in Q2 profit". The Times of India. 2025.
  3. 1 2 "Annual Report 2024–25". Karur Vysya Bank.
  4. ↑ "Karur Vysya Bank Ltd – Company Profile". GlobalData. Retrieved 31 December 2025.
  5. ↑ "History of Karur Vysya Bank". Karur Vysya Bank. Retrieved 31 December 2025.
  6. ↑ "Karur Vysya's long run". Business India. 28 July 2020.
  7. ↑ "Its Your Sacred Responsibility To Protect Money… – President's Secretariat Press Release". President of India. 10 September 2016.
  8. ↑ Dhan. "Karur Vysya Bank Opens New Branch in Pune-Sahakar Nagar". scanx.trade. Retrieved 15 January 2026.
  9. ↑ "Branch Expansion Press Release" (PDF). Karur Vysya Bank. Retrieved 20 May 2025.
  10. ↑ "Karur Vysya Bank Ltd company profile". GlobalData. Retrieved 31 December 2025.
  11. ↑ "Annual Report FY2024–25". Karur Vysya Bank.
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