Karur Vysya Bank Limited

The Bank, in its initial days, bore a regional flavor in its transactions but slowly made a mark and expanded. At present, it has around 285 branches spanning 13 States and 2 Union Territories. The Bank has been prudential and has followed all the statutory regulations to make a mark in its area of operations. They have been maintaining a strong Capital Adequacy Ratio of more than 15% as against the compulsory rule of 9% set by the RBI. T his is sure to take care of the asset growth of the bank

Karur Vysya Bank Limited, universally known as KVB has made a mark in commercial banking arena right from 1916 when it was set up by two great visionaries and famous sons of Karur, Late M A Venkatarama Chettiar and Late Athi Krishna Chettiar. The main aim for setting up this bank was to instill the habit of savings and also for providing financial support to traders and small agriculturists in and around Karur (the textile town in Tamil Nadu). The journey for the bank started off with a meager capital of Rs.1 lakh. But over the years, KVB has met all the market dynamics and challenges and created a strong base for itself.