Karur Vysya Bank has strengthened its presence by inaugurating four new branches under its expansion drive. The bank, on July 24, has inaugurated a new branch each in Velliyanai in Karur, Tamil Nadu, Sathuvachari in Vellore, Tamil Nadu and also in Punganur, Chittoor in Andhra Pradesh and Ibrahimpatnam, Rangareddy in Telangana. With the inauguration of the four new branches, the total number of branches grew to 812.
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.
