BSECompany Update5d ago · 31 Aug 2026, 12:06 pm
Karur Vysya Bank Ltd has submitted to BSE a copy of Press Release dated August 31, 2026 titled "Karur Vysya Bank Opens 16 New Branches in a Single Day".
Karur Vysya Bank Ltd · 590003
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Karur Vysya Bank has expanded its branch network by opening 16 new branches across Tamil Nadu, Telangana, Andhra Pradesh, Karnataka, and Delhi NCR, taking its total branch count to 919.
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Karur Vysya Bank Ltd - 590003 - Karur Vysya Bank Opens 16 New Branches in a Single Day
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Classification | REGULATORS
IRC: F48 :131 :279 :2026 31st August 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 Opens 16 New Branches in a Single
Day”.
Kindly take the same on record.
Yours faithfully,
Srinivasarao Maddirala
Company Secretary &
Compliance Officer
Encl: As above
Karur Vysya Bank Opens 16 New Branches in a Single Day
Bank expands network across Tamil Nadu, Telangana, Andhra Pradesh, Karnataka and
Delhi NCR
Karur, August 31, 2026: Karur Vysya Bank (KVB), one of India's leading private
sector banks, has expanded its presence across key markets by inaugurating 16
new branches, further deepening its footprint across southern India and Delhi NCR.
With the latest expansion, the Bank’s branch network stands at 919 across the
country.
The new branches include six in Tamil Nadu, five in Andhra Pradesh, three in
Telangana and one each in Karnataka and Delhi NCR.
Marking a significant milestone in the Bank’s expansion journey, KVB is opening
branches across multiple markets on a single day. Shri Ramesh Babu, Managing
Director & CEO of Karur Vysya Bank, led the milestone expansion by inaugurating
the new Gachibowli branch in Hyderabad and opening the remaining branches
virtually via video conference.
The expansion is part of KVB’s strategy to deepen its presence across metropolitan,
urban, semi-urban and rural markets. The new branches will cater to retail customers
as well as MSMEs and agricultural businesses, while complementing the Bank’s
growing digital banking network.
Shri Ramesh Babu, Managing Director & CEO, Karur Vysya Bank, said, “We
continue to expand our branch network in markets where we see good business
potential and an opportunity to deepen our relationship with customers. While digital
banking has made everyday transactions much easier, branches continue to play an
important role, particularly for our MSME, retail and agricultural customers. The new
branches will help us get closer to customers and offer them the convenience of both
personalised service and digital banking.”
The new branches are located at Indhresham, Gachibowli and Kokapet in
Telangana; Chennai-Thirumangalam, Erode-Chithode, Sivagangai, Salem-
Ammapet, Salem-Jagirrammapalayam and Kancheepuram-Sevilimedu in Tamil
Nadu; Vijayawada-Ramavarapadu, Jaggayyapeta, Sompeta, Vizag-Kancharapalem
and Rajahmundry-Konthamuru in Andhra Pradesh; Udupi in Karnataka; and
Gurugram -Udyog Vihar in Delhi NCR.
The expansion comes on the back of continued growth in the Bank’s business. As of
June 30, 2026, KVB’s total business stood at ₹2,27,267 crore, comprising deposits
of ₹1,22,587 crore and advances of ₹1,04,680 crore. The Bank reported its highest-
ever quarterly net profit of ₹756 crore in Q1FY27.
Alongside its branch network, KVB continues to strengthen its digital banking
offerings. Its mobile banking application, KVB DLite, offers more than 150 financial
and non-financial services, giving customers access to a wide range of banking
services through their mobile phones.
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 June 30,
2026, the Bank’s total business stood at ₹2,27,267 crore, comprising deposits of ₹1,22,587
crore and advances of ₹1,04,680 crore. The Bank reported its highest-ever net profit of ₹756
crore for Q1FY27. KVB operates through a network of 919 branches, and as of June 30,
2026, the bank has 2,169 ATMs and cash recyclers across the country.