Karur Vysya Bank is an Indian private sector scheduled commercial bank. Founded in the year 1916 at Karur in Tamil Nadu, it was initially focused on serving the financial needs of traders and agriculturists in the region. The bank is among the oldest private sector banks in India and has a pan-India presence. Karur Vysya Bank is traded publicly and listed on both BSE and NSE.
| Particular | Details |
| Bank Name | Karur Vysya Bank |
| Type | Private Sector |
| Founded | 1916 |
| Founder | M. A. Venkatarama Chettiar and Athi Krishna Chettiar |
| Headquarters | Karur, Tamil Nadu, India |
| MD & CEO | B. Ramesh Babu |
| Chairman | Dr. Meena Hemchandra |
| Regulator | RBI |
| Services | Retail Banking, Corporate Banking, Treasury and more |
| Branch Network | 888 |
| Customer Base | +70 lakh |
| Total Deposits | INR 1.02 lakh crore |
| Total Advances | INR 84,491 crore |
| CASA Ratio | 27.2% |
| Bank Type Focus | Consumer Banking, Corporate Banking, Agricultural Banking |
| Official Website | www.kvb.bank.in |
Net Worth and Market Cap
Net Worth of Karur Vysya Bank was approximately INR 11,644.88 crore on 31st March 2025. The current market capitalisation of the bank is INR 25,494.93 crore.
Corporate Leadership
Ramesh Babu is the current Managing Director and CEO of Karur Vysya Bank. He has been holding both the positions since May 2022. Dr. Meena Hemchandra is the Non-Executive Independent Chairperson, while Murali Ramaswami is the Non-Executive Independent Director of the bank.
Key Products and Services
Karur Vysya Bank primarily operates in retail banking, commercial banking and treasury segments. The bank provides a complete set of banking products and services for individuals, SMEs, corporates, farmers, NRIs and more.
Savings accounts are available in multiple variants, such as general, women, high net-worth individuals and more. Current accounts are offered in various forms, including KVM Smart Trade and Exim current accounts for business, trade, importers/exporters and clearing agents.
Apart from conventional fixed and recurring deposits, the bank offers a number of other deposit schemes, such as Manimala Deposits, Green Deposits, Tax Shield Deposits, 333 Special Deposit Scheme, Rainbow Deposits and more. Retail loan products include home loans, personal loans, car loans and educational loans.
Corporate and wholesale banking segment of the bank offers working capital finance, trade finance, term loans, cash management services, forex and treasury operations and more.
Agricultural and SME banking products include SME-specific loans, crop loans, horticulture loans, overdrafts and credit guarantee schemes.
Headquarters and Network
Karur Vysya Bank is headquartered in Karur, Tamil Nadu, India. It has a network of 888 branches and 2,252 ATMs and cash recyclers across 22 states and union territories. 492 of the 888 branches are located in Tamil Nadu.
