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Source: The Hindu BusinessLine
KVB adds 16 branches, says personal service still matters
Karur Vysya Bank opened 16 branches on one day, taking its network to 919. The expansion pairs physical banking access with its digital services.
Tamil Nadu accounted for six of the openings and Andhra Pradesh for five. Three branches were added in Telangana, with Karnataka and Delhi NCR getting one each. The locations include Gachibowli and Gurugram’s Udyog Vihar. Managing Director Ramesh Babu B attended the Gachibowli inauguration, while the remaining branches were inaugurated via video conference.
KVB’s management sees branches as an important part of customer service even as routine transactions move to apps. It says personal discussions and tailored support remain valuable for retail borrowers, agricultural customers and micro, small and medium enterprises. The approach combines digital convenience with direct contact.
The bank’s expansion strategy spans metropolitan centres, semi-urban markets and rural areas. A presence across these markets helps it reach different groups of savers and borrowers. Alongside this physical network, its KVB DLite mobile app provides 150 services, making branches and digital channels complementary parts of its offering.
At June 30, 2026, KVB reported total business of ₹2,27,267 crore, comprising ₹1,22,587 crore in deposits and ₹1,04,680 crore in advances. It also reported a record quarterly net profit of ₹756 crore. These figures provide the financial backdrop to the network expansion.
