Karur Vysya Bank, Tamil Nadu-based bank, has been conferred with the ‘CNBC - TV18 Special Jury Commendation’ award for ‘Consistent performance in growth and profits’ under the Small Banks Category for the year 2012.
The bank received the award from C. Rangarajan, Chairman of Prime Minister’s Economic Advisory Council, at Mumbai held on October 17, 2012.
Karur Vysya Bank is among 6 old generation private sector banks that have been identified by the Reserve Bank of India (RBI) to implement Speed Clearing at Mumbai.