Karur Vysya Bank appoints new head of credit, updates compliance policies

Karur Vysya Bank's board of directors approved the appointment of R.V.S. Ramanjaneya Kumar as head of the credit monitoring and recovery department (CMRD), effective September 1, 2025. Kumar brings over 33 years of experience in development, commercial, and asset recovery banking, having joined the bank as deputy general manager on August 16, 2017.

In line with regulatory updates, the bank disclosed its key managerial personnel (KMPs) authorized to determine the materiality of events and information for stock exchange disclosures. The KMPs include Chandrasekaran M S (chief operating officer), Ramshankar R (general manager and CFO), and Srinivasarao M (company secretary and deputy general manager).

Furthermore, Karur Vysya Bank adopted an updated "Code of Practices and Procedures for fair disclosure of Unpublished Price Sensitive Information" as per Regulation 8(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015, which is accessible on the bank's website. These announcements underscore the bank's commitment to robust governance and transparency.