Total business of Karur Vysya Bank exceeds ₹1.25 lakh crore

Total business of private sector lender Karur Vysya Bank (KVB) for FY22 has passed a new milestone of 1.25 lakhcrore.

For the year ended 31 March 2022, KVB reported total deposits of £68,676 billion, while total advances were £58,086 billion, totaling £1,26,762 billion, KVB said in a statement.

“This is a significant milestone in the bank’s 100+ year history,” said MD & CEO Ramesh Babu.

“Our approach is to offer our clients needs-specific financial products/services by providing tailored solutions and a positive client experience through fast and efficient services,” he said.

Established in 1916, KVB has 789 branches, 1,639 ATMs and 584 recyclers/depositors across India.

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