NSEPress Release1d ago · 30 Oct 2026, 10:31 am

Press Release

Karur Vysya Bank Limited · KARURVYSYA

✦ AI Summary▲ PositiveExpansion

Karur Vysya Bank expands its nationwide branch network to 929 branches with the opening of eight new branches across four states, reinforcing its focus on strengthening its presence in key markets and improving access to banking services.

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Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk6/10
Liquidity Impact9/10
Market Sentiment10/10

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Full Announcement

Karur Vysya Bank Limited has informed the Exchange regarding a press release dated October 30, 2026, titled "Karur Vysya Bank Expands Network to 929 Branches with Eight New Openings".

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Classification | REGULATORS IRC: F48: 167: 376 :2026 30th October 2026 The Manager, The Manager, National Stock Exchange of India Ltd, BSE Limited, Exchange Plaza, 5th Floor, Phiroze Jeejeebhoy Towers, Plot No. C-1, ‘G’ Block, Dalal Street, Bandra- Kurla Complex, Mumbai – 400001 Bandra (East), Mumbai – 400051 Scrip Code: KARURVYSYA Scrip Code: 590003 Dear Sir/Madam, Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Press Release ******* Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached Press Release made by the Bank titled – “Karur Vysya Bank Expands Network to 929 Branches with Eight New Openings”. Kindly take the same on record. Yours faithfully, Srinivasarao Maddirala Company Secretary & Compliance Officer Encl: As above Karur Vysya Bank Expands Network to 929 Branches with Eight New Openings Bank strengthens presence across Tamil Nadu, Karnataka, Telangana and Uttar Pradesh India, October 30, 2026: Karur Vysya Bank (KVB), one of India's leading private sector banks, has expanded its nationwide branch network to 929 branches, with the opening of eight new branches across four states. The expansion reinforces the Bank's focus on strengthening its presence in key markets and improving access to banking services across metropolitan, semi-urban and rural locations. The Bank’s eight new branches comprise three in Tamil Nadu, two each in Karnataka and Telangana, and one in Uttar Pradesh. The Tamil Nadu branches are located at Chennai– Choolai, Thirukazhukundram and Trichy–Vaiyampatti; the Karnataka branches at Nagarabhavi and Hulimavu in Bengaluru; the Telangana branches at Bachupally and Tandur; and the Uttar Pradesh branch at Agra. The expansion includes four branches in metropolitan markets, three in semi-urban locations and one in a rural area, reflecting KVB's focus on serving customers across diverse geographies. Shri Ramesh Babu, Managing Director & CEO, Karur Vysya Bank, inaugurated the new Agra branch in Uttar Pradesh, marking the Bank’s latest phase of branch network expansion. Speaking on the occasion, he said, “The addition of eight new branches is another step towards strengthening our reach and making banking services more accessible to customers across key markets. We see significant opportunities across metropolitan, semi-urban and rural locations, particularly in retail, MSME and agricultural banking. Our continued investment in physical branches, complemented by digital banking capabilities, will help us serve customers more effectively, deepen relationships and support sustainable business growth.” The expansion comes on the back of continued growth in the Bank’s business. As of September 30, 2026, KVB’s total business stood at ₹2,39,712 crore, comprising deposits of ₹1,28,123 crore and advances of ₹1,11,589 crore. The Bank reported a quarterly net profit of ₹788 crore in Q2 FY27, registering a year-on-year growth of 37.28%. Through the expansion of its branch network and continued investment in digital banking, Karur Vysya Bank remains focused on enhancing customer convenience, deepening its regional presence and meeting the evolving banking needs of individuals and businesses across the country. About Karur Vysya Bank: Founded in 1916, Karur Vysya Bank is one of India’s leading private sector banks with a strong presence across retail, MSME and agricultural banking segments. As of September 30, 2026, the Bank’s total business stood at ₹2,39,712 crore, comprising deposits of ₹1,28,123 crore and advances of ₹1,11,589 crore. The Bank reported its highest-ever net profit of ₹788 crore for Q2FY27. KVB currently operates through a network of 929 branches, and 1,514 ATMs.