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Karur Vysya Bank will be inaugurating 10 new branches on 19 June 2023.
The new branches will be located in diverse regions, including Sattenapalle (Palnadu, Andhra Pradesh), Gadwal (Jogulamba Gadwal, Telangana), Anna Nagar East (Chennai, Tamil Nadu), Vilathikulam (Tuticorin, Tamil Nadu), Parangipettai (Cuddalore, Tamil Nadu), Madambakkam (Chennai, Tamil Nadu), Pudukkottai - North (Pudukkottai, Tamil Nadu), Veeragunur (Salem, Tamil Nadu) and Kachirapalayam (Kallakurichi, Tamil Nadu).
The bank will also be launching its digital banking unit (D.B.U.) in Nandanam, Chennai.
Karur Vysya Bank is a Scheduled Commercial Bank, headquartered in Karur in Tamil Nadu, India.
Its net profit rose 55.97% to Rs 289.29 crore and total income rose 25.8% to Rs 2012.71 crore in Q3 December 2022 over Q3 December 2021.
Shares of Karur Vysya Bank surged 7.01% to Rs 127.45 on 16 June 2023.
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