Karur Vysya Bank (KVB) is likely to tie-up with SBI Cards for launching a co-branded credit card. SBI Cards is a standalone credit card company and it also plans to roll out 'signature' cards in the coming days.
Recently, Karur Vysya Bank has opened 10 new branches across pan India on September 17, 2011 taking the count of its total branches to 386. The bank has opened its 377th branch at Cuddalore Road, Tamil Nadu, its 378th branch at Hosur Road, Karnataka, its 379th branch at Vanasthalipuram, Andhra Pradesh, its 380th branch at Connaught Circus, New Delhi and its 381st branch at Ranchi, Jaharkhand State.
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.
