Karur Vysya Bank Opens New Branch in Madurai

Karur Vysya Bank (KVB) has inaugurated a new branch in Kochadai Village, Madurai West, expanding its network to 48 branches in the city and 896 branches across India. The new branch will offer comprehensive banking services and cater to the needs of retail, institutional, and consumer lending. KVB’s total business reached Rs. 2,03,216 cr. as of September 30, 2025.

Branch Expansion in Madurai

Karur Vysya Bank (KVB) has expanded its presence with a new branch opening in Kochadai Village, Madurai West. This addition increases the bank’s total number of branches to 48 within Madurai and 896 branches nationwide. The inauguration ceremony took place on November 10, 2025.

Service Offerings

The new branch will provide a wide array of banking services, including accounts, deposits, and loans, catering to both basic banking needs and specific customer requirements. The branch aims to serve retail, institutional, and consumer lending segments.

Financial Performance

As of September 30, 2025, KVB reported a total business of Rs. 2,03,216 cr., with deposits at Rs. 1,10,492 cr. and advances at Rs. 92,724 cr. The bank’s net profit for Q2 FY26 reached Rs. 574 crores, and the Net NPA was recorded at 0.19%.

Source: BSE

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