Karur Vysya Bank Limited — Important, 30-07-2025: Updates
Karur Vysya Bank has released its Business Responsibility and Sustainability Report for FY2024-25, highlighting its commitment to sustainable practices. The bank incurred penalties totaling `0.109 Cr` from RBI for compliance issues, including working capital loan norms.
Operationally, the bank is expanding its renewable energy footprint with new solar installations underway and has improved energy and water efficiency. Digital banking infrastructure is also seeing increased investment. Notably, 90.92% of employees received human rights training, a substantial increase. KVB continues its financial inclusion and CSR efforts, deploying `1.96 Cr` in aspirational districts. Customer complaints rose, but no data breaches were reported, indicating robust cybersecurity.
