Karur Vysya Bank Limited — Updates, 28-03-2025: Press Release

Karur Vysya Bank has inaugurated four new branches, increasing its total network to 888. These include three locations in Tamil Nadu and one in Andhra Pradesh. Notable inaugurations were officiated by local dignitaries, showcasing the bank's commitment to expanding its footprint.

This financial year, KVB has added 46 branches, enhancing its capacity to serve a wider customer base. The new branches will facilitate all basic banking transactions while offering comprehensive products and services in retail, institutional, and consumer lending.

The bank continues to demonstrate strong financial performance, with a total business volume of ₹1,81,993 Cr as of December 31, 2024. Deposits stand at ₹99,155 Cr and advances at ₹82,838 Cr. KVB reported a record net profit of ₹1,605 Cr in the last fiscal year and a net profit of ₹1,428 Cr for the first nine months of the current fiscal year, with a low net NPA ratio of 0.20%. This expansion reflects a positive outlook for growth and customer engagement.