Karur Vysya Bank has reportedly proposed to open around 75 more branches this fiscal after adding 100 branches to its network in 2012-13. The bank has also proposed to open 500 more automated teller machine (ATM) this year after adding 445 ATMs to take the total count to 1,303 ATMs in the just-ended fiscal.
The bank has also started the work of redesigning select branches to make the service more customer-friendly. The bank’s business crossed Rs 68,000-crore mark at the close of last fiscal.
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.