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Despite digital banking, branches continue to play key role: Karur Vysya Bank MD

Ramesh Babu B, Managing Director & CEO, Karur Vysya Bank  Karur Vysya Bank (KVB) has opened 16 new branches 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 […]

By deepak · August 31, 2026 · 2 min read

Ramesh Babu B, Managing Director & CEO, Karur Vysya Bank

 Karur Vysya Bank (KVB) has opened 16 new branches 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.

 “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,’’ Ramesh Babu, Managing Director & CEO, Karur Vysya Bank, said after inaugurating new Gachibowli branch here on Monday. Other branches were opened virtually via video conference. 

“The new branches will help us get closer to customers and offer them the convenience of both personalised service and digital banking,’’ he added. 

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, he said. 

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. 

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