KVB expands branch network, reports strong Q1FY26 results

Karur Vysya Bank (KVB) expanded its branch network by opening new branches in Coimbatore, Madurai, and Vizag, bringing its total branch count to 894 across the country. The new Coimbatore branch, located in Seraiyampalayam Road, Neelambur, was inaugurated by R. Vijiyalaxmy, deputy commissioner HR & CE. In Madurai, a new branch on Nedungalam Main Road, Chinthamani, was opened by V. Mercy Jeyarani, deputy director, agri marketing dept, along with Dr. V. Dhanalakshmi, director, institute of microbiology Madurai Medical College. An ATM was also inaugurated at the Madurai branch. The Vizag branch in Vadlapudi was inaugurated by CA E. Kiran, director (finance & commercial), Hindustan Shipyard Ltd.

These new branches will offer a comprehensive range of banking services, including accounts, deposits, and loans, catering to retail, institutional, and consumer lending. KVB's managing director & CEO, Ramesh Babu, emphasized the bank's commitment to expanding its presence in growing centers and providing traditional banking solutions alongside digital comfort, including internet and mobile banking facilities through its KVB DLite app.

As of June 30, 2025, KVB reported a total business of INR 1,96,024 crore, with a deposit base of INR 1,06,650 crore and advances at INR 89,374 crore. The bank recorded a net profit of INR 521 crore for Q1FY26, with a net NPA of 0.19%. KVB also maintains 2226+ ATMs & cash recyclers as part of its touchpoints.