Karur Vysya Bank’s total business crosses ₹1.25 lakh crore
The Hindu
CHENNAI
Private sector lender Karur Vysya Bank’s (KVB) total business for FY22 has crossed a new milestone at ₹1.25 lakh crore.
For the year ended March 31, 2022, KVB reported total deposits of ₹68,676 crore, while total advances stood at ₹58,086 crore, aggregating to ₹1,26,762 crore, KVB said in a statement.
“This is a significant landmark in the 100 plus years history of the bank,” said MD & CEO Ramesh Babu.
“Our approach is to offer our customers, need-specific, financial products/services by providing tailor-made solutions and a positive customer experience through delivery of quick and efficient services,” he said.
Started in 1916, KVB has 789 branches, 1,639 ATMs and 584 recycler/cash deposit machines across India.
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