Karur Vysya Bank Limited has opened a new branch in Villivakkam, Chennai, expanding its nationwide network to 903 branches. Located at No. 12/4, Sidco Nagar, Villivakkam, the branch was inaugurated on June 4, 2026.
Dr. M. S. Shanmugam, I.A.S, Principal Secretary and Commissioner of Tourism and Managing Director of TTDC, inaugurated the branch. Dr. Vasantha Gowri, Trustee of KRM Group of Schools, lit the ceremonial Gayatri lamp at the event.
Ramesh Babu, Managing Director and CEO of Karur Vysya Bank, said the branch brings modern banking closer to residents and businesses in north Chennai. He noted that Tamil Nadu remains central to the bank's growth and that Villivakkam's dense residential community is a natural step in that expansion. KVB will support entrepreneurs, traders, and residents through working capital solutions, trade finance, and digital payment tools.
The Villivakkam branch will improve access to financial services for local businesses, professionals, and residents in the Sidco Nagar area. Karur Vysya Bank provides digital banking services including internet and mobile banking. KVB DLite, the mobile banking application, offers over 150 financial and non-financial features and was recently upgraded.
As of March 31, 2026, Karur Vysya Bank's total business stood at Rs 2,14,420 crore, comprising deposits of Rs 1,15,666 crore and advances of Rs 98,754 crore. The bank recorded its highest-ever annual net profit of Rs 2,510 crore for the financial year 2025-26.
Karur Vysya Bank operates 903 branches and over 2,228 ATMs and cash recyclers across India. Founded in 1916, the bank serves retail, MSME, and agricultural banking segments.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.