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Karur Vysya Bank inaugurates 8 new branches

16 Dec 2011 Evaluate

Karur Vysya Bank (KVB) has opened eight new branches on December 15, 2011 at Hyderabad apart from branches at Tanuku, Gajapathinagaram in Andhra Pradesh, Tripunithura in Kerala, Kalapatti in Coimbatore, Tamil Nadu, Bhiwandi in Maharashtra and Joka, Baruipur in West Bengal. With this addition the bank has taken its total branch network to 426.

The bank is planning to add two more branches to its network on December 16, 2011 with one each at Bobbili in Andhra Pradesh and Kharagpur in West Bengal. With the inauguration of these branches, KVB has opened 59 new branches so far this fiscal. It is also planning to launch a co-branded credit card with SBI.

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.

Peers
Company Name CMP
HDFC Bank 710.10
ICICI Bank 1314.00
Axis Bank 1223.65
Kotak Mahindra Bank 416.90
Indusind Bank 892.10
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