Karur Vysya Bank is all set to open new branch in Kothavalasa, Andhra Pradesh. The new branch will be open on May 02, 2022.
Earlier, the Bank’s total business had crossed Rs 1.25 lakh crore. Total business constitutes the total deposits and advances of the Bank. While the total deposits of the bank stood at Rs 68676 crore as on March 31, 2022, the total advances was at Rs 58086 crore, aggregating a total business of Rs 126762 crore.
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.