KVB expands branch network to 919 with 16 new branches
Hyderabad, Aug 31(TNT): Karur Vysya Bank (KVB) on Monday inaugurated 16 new branches across key markets in southern India and Delhi NCR, taking its total branch network to 919 across the country.
The new branches include six in Tamil Nadu, five in Andhra Pradesh, three in Telangana and one each in Karnataka and Delhi NCR, the Bank said in a release.
In a first for the bank, the branches were inaugurated across multiple markets on a single day.
KVB Managing Director and CEO Ramesh Babu inaugurated the new Gachibowli branch in Hyderabad and virtually opened the remaining branches through a video conference.
The expansion is part of KVB’s strategy to strengthen its presence across metropolitan, urban, semi-urban and rural markets.
The new branches will cater to retail customers, MSMEs and agricultural businesses, while complementing the bank’s digital banking network.
Ramesh Babu said the bank was expanding its branch network in markets where it saw business potential and opportunities to deepen customer relationships.
“While digital banking has made everyday transactions much easier, branches continue to play an important role, particularly for our MSME, retail and agricultural customers. The new branches will help us get closer to customers and offer them the convenience of both personalised service and digital banking,” he said.
The new branches are located at Indhresham, Gachibowli and Kokapet in Telangana; Chennai-Thirumangalam, Erode-Chithode, Sivagangai, Salem-Ammapet, Salem-Jagirrammapalayam and Kancheepuram-Sevilimedu in Tamil Nadu; Vijayawada-Ramavarapadu, Jaggayyapeta, Sompeta, Vizag-Kancharapalem and Rajahmundry-Konthamuru in Andhra Pradesh; Udupi in Karnataka; and Gurugram-Udyog Vihar in Delhi NCR.
The expansion comes amid continued growth in the bank’s business.
As of June 30, 2026, KVB’s total business stood at Rs 2,27,267 crore, comprising deposits of Rs 1,22,587 crore and advances of Rs 1,04,680 crore.
The bank reported its highest-ever quarterly net profit of Rs 756 crore in the first quarter of FY27.
Alongside its physical network, KVB is also strengthening its digital banking offerings. Its mobile banking application, KVB DLite, provides more than 150 financial and non-financial services to customers.
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