Karur Vysya Bank is all set to open two new branches in Andhra Pradesh on February 01, 2023. The bank will be opening one branch in Vizianagaram - Fort, while other one in Addanki.
Earlier, the Bank had integrated with income tax (IT) portal of Central Board of Direct Taxes (CBDT) for collection of Direct Taxes. Accordingly, customers of the bank can remit their direct tax payments through the branches of the bank or through KVB Net Banking, effective from October 1, 2022.
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.