Karur Vysya Bank (KVB), a private sector lender, is in the process of opening one new branch in the state of Tamil Nadu. The bank will open the branch at No 53 Venkatachatapathy Nagar, Kangeyam Road, Mudalipalayam at Tirupur district on December 17, 2014.
Karur Vysya Bank is among six old generation private sector banks that have been identified by the Reserve Bank of India (RBI) to implement Speed Clearing at Mumbai.