Karur Vysya Bank has won the Institute for development and research in banking technology award for the 7th year in a row in recognition of its efforts towards technology implementation, resulting in improved customer service and convenience. The bank has also bagged the best bank award for Electronic Payment Systems among small bank for the year 2014-15.
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.