Karur Vysya Bank (KVB), a private sector lender, is in the process of opening one new branch on February 22, 2016. The bank will open the branch at No. 7, Kamaraj High Road, Old Perungalathur - 600063, Tambaaram Taluk, Kancheepuram District, in the state of Tamil Nadu.
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.