Karur Vysya Bank (KVB), a private sector lender, has decided to open five new branches on July 01, 2015. The bank will open one branch each at Sivagangai (Tamil Nadu), Alwar (Rajasthan) and Guntakal (Andhra Pradesh), while two branches will be opened in New Delhi.
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.