Karur Vysya Bank (KVB), a private sector lender, has opened two new branches on March 18, 2015. The bank has inaugurated one branch at Vidyaranyapura in Bangaluru, while other branch has been opened at Chemmanchery in Chennai.
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.