Karur Vysya Bank inaugurates 6 new branches
Chennai, 27th
February, 2025: Karur Vysya Bank (KVB) announced
the inauguration of its 6 new
branches in Tamil Nadu & Andhra Pradesh today. These branches will offer a comprehensive range of banking services like
accounts, deposits and loans including savings and current accounts etc.,
During the financial year 2024-25, the bank added 35 branches and the
bank now has 877 branches.
The new branches that were opened
today:
1. 872nd Branch
- Salem (Cherry Road) - inaugurated by Mr. Balasubramaniyan, Deputy
Commissioner, Salem Corporation
2. 873rd Branch
- Proddatur (Andhra Pradesh) - inaugurated by Mr. Mallikarjuna,
Municipal Commissioner, Proddatur
3. 874th Branch
- Tiruvallur (Manavala Nagar) - inaugurated by Mr. Thirunavukkarasu,
Municipal Commissioner, Tiruvallur
4. 875th Branch
- Trichy (Melachinthamani) - inaugurated by Dr. Kumaravel, Dean, Mahatma
Gandhi Memorial Government Hospital, Trichy
5. 876th
Branch - Chennai (Chitlapakkam) - inaugurated by Mrs. Sasikala, Deputy
Commissioner, Tambaram City Municipal Corporation
6. 877th
Branch - Tiruppur (Neruperichal) - inaugurated by Mr. Chikkannan, Trustee, M
N Chickkanna Chettiar Trust, Tiruppur
The new branches shall cater to all basic banking transactions and also
specific needs of customers, offering the entire spectrum of banking products
and financial services covering Retail, Institutional and Consumer lending.
About Karur Vysya Bank:
Karur
Vysya Bank has touch points in the form of 877 branches and 2200+ ATMs &
cash recyclers. The Bank continues to grow with its strong financials. The bank’s total business was Rs. 1,81,993 crores as
on 31.12.2024 with a deposit base of Rs. 99,155 cr. and
advances at Rs. 82,838
cr. The bank had posted its highest ever net profit of Rs. 1,605 cr.
during the last financial year. The Net Profit for the nine months of the
current fiscal was Rs. 1,428 crores. Net
NPA of the Bank was 0.20%.
Media
Contact: Christopher
Charles | Predict PR | 98424 75706 | charles@predictpr.com
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