Karur Vysya Bank
Indian private sector bank
From Wikipedia, the free encyclopedia
Karur Vysya Bank is an Indian private sector bank, headquartered in Karur, Tamil Nadu. Established in 1916, the bank provides retail, corporate, and treasury banking services, and operates branches across India.[4]
 | |
Company type | Public |
|---|---|
| BSE: 590003 NSE: KARURVYSYA | |
| Industry | Banking Financial services |
| Founded | 1916 |
| Headquarters | Karur, Tamil Nadu, India |
Key people | Meena Hemchandra (Chairperson) Ramesh Babu B (MD & CEO) |
| Products | Consumer banking, Corporate banking, Finance and Insurance, Investment banking, Mortgage loans, Private banking, Wealth management, Credit cards |
| Revenue |  ₹11,602 crore (US$1.2 billion) (FY2024–25)[1] |
| ₹4,259 crore (US$450 million) (FY2024–25)[1] | |
| ₹1,856 crore (US$200 million) (FY2024–25)[2] | |
| Total assets | ₹220,000 crore (US$23 billion) (FY2024–25)[1] |
Number of employees | 9,100 (2025)[3] |
| Capital ratio | 16.7% (Capital adequacy)[3] |
| Website | kvb |
History
Karur Vysya Bank was founded on 25 July 1916 by M. A. Venkatarama Chettiar and Athi Krishna Chettiar to serve the banking requirements of traders and agricultural communities in and around Karur, Tamil Nadu.[5] The institution gradually expanded beyond its regional base and developed into a pan-India banking network over the following decades.[6]
The bank's centenary celebrations were held in 2016 in Chennai, and were attended by the then President of India, Pranab Mukherjee.[7]
Operations and network
As of February 2026, Karur Vysya Bank operated had 900 branches and 1,650 automated teller machines (ATMs) across multiple states in India.[8]
The bank provides services in:
- Retail and personal banking
- Corporate and wholesale banking
- Micro, Small and Medium Enterprises (MSME) financing
- Agricultural and rural banking
- Treasury and foreign exchange services [9]
Its operations are regulated by the Reserve Bank of India and governed by statutory disclosures filed with Indian stock exchanges.[10]
