Karur Vysya Bank
Karur Vysya Bank is a Scheduled Commercial Bank, headquartered in Karur in Tamil Nadu, India. It was founded in 1916 by M. A. Venkatarama Chettiar and Athi Krishna Chettiar. The bank primarily operates in the treasury, corporate/wholesale banking, and retail banking segments.
| Company type | Public |
|---|---|
Traded as | BSE: 590003 NSE: KARURVYSYA |
| Industry | Banking Financial services |
| Founded | 1916 |
| Headquarters | Karur, Tamil Nadu |
Key people | Dr Meena Hemchandra (Chairperson) Mr. Ramesh Babu (MD & CEO) |
| Products | Consumer banking, Corporate banking, Finance and Insurance, Investment banking, Mortgage loans, Private banking, Wealth management, Credit cards |
| Revenue | ₹5,443.41 crore (US$680 million) (2016) |
| ₹1,235.42 crore (US$150 million) (2016) | |
Net income | ₹567.63 crore (US$71 million) (2016) |
| Total assets | ₹57,663.72 crore (US$7.2 billion) (2016) |
Number of employees | 7,211 (2016) |
| Capital ratio | 11.79% |
| Website | https://www.kvb.co.in |
KVB provides services such as personal, corporate, and agricultural banking and services to NRIs and SMBs. The bank had approximately 800 branches and 1,650 ATMs as of 31 March 2020. KVB has recorded a Total Business of ₹107,591 crore with deposits of ₹59,075 crore and advances of ₹48,516 crore.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.