Business Update23 Sept 2026, 05:10 pm
Karur Vysya Bank Opens 2 New Branches
AI Summary
Karur Vysya Bank (KVB) has opened two new branches, one in P N Pudur, Coimbatore, and another in Labbaikudikadu, Perambalur. The P N Pudur branch is the bank's 920th, and the Labbaikudikadu branch brings the total to 921. These branches aim to serve retail, MSME, and agricultural customers, supported by KVB's digital banking services. The bank reported a total business of ₹2,27,267 crore and a net profit of ₹756 crore in Q1FY27. This expansion deepens KVB's presence in its home market of Tamil Nadu.
Key Highlights
- KVB expands network with two new branches in Tamil Nadu.
- Branches to serve retail, MSME, and agricultural segments.
- Digital banking services to complement physical branch presence.
- Total business stands at ₹2,27,267 crore as of June 30, 2026.
- Q1FY27 net profit reached a record ₹756 crore.
Price Impact
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