Expansion30 Oct 2026, 11:54 am
Karur Vysya Bank Expands Network to 929 Branches
AI Summary
Karur Vysya Bank (KVB) has expanded its branch network to 929 branches with the opening of eight new branches across Tamil Nadu, Karnataka, Telangana, and Uttar Pradesh. This expansion aims to strengthen the bank's presence in key markets and improve access to banking services. The new branches include four in metropolitan areas, three in semi-urban locations, and one in a rural area. KVB reported a total business of ₹2,39,712 crore as of September 30, 2026, with deposits of ₹1,28,123 crore and advances of ₹1,11,589 crore. The bank also reported a quarterly net profit of ₹788 crore in Q2 FY27, a 37.28% year-on-year growth.
Key Highlights
- Karur Vysya Bank expands network to 929 branches with eight new openings.
- Expansion targets key markets across Tamil Nadu, Karnataka, Telangana, UP.
- Focus on metropolitan, semi-urban, and rural locations.
- Q2 FY27 net profit reported at ₹788 crore, up 37.28% YoY.
- Total business stands at ₹2,39,712 crore as of September 30, 2026.
Price Impact
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