Business EconomyPosted at: Oct 30 2026 6:46PM


Karur Vysya Bank expands branch network to 929, opens 2 branches in Telangana

Hyderabad, Oct 30 (UNI) Karur Vysya Bank (KVB) has opened eight new branches across four states, taking its nationwide branch network to 929, including two new outlets at Bachupally and Tandur, ourskirts of Hyderabad (Telangana).
With the latest expansion, the bank has added three branches in Tamil Nadu, two each in Karnataka and Telangana and one in Uttar Pradesh, the bank said in a release today.
The new branches are located at Chennai-Choolai, Thirukazhukundram and Trichy-Vaiyampatti in Tamil Nadu, Nagarabhavi and Hulimavu in Bengaluru, Bachupally and Tandur in Telangana and Agra in Uttar Pradesh.
The expansion comprises four branches in metropolitan areas, three in semi-urban locations and one in a rural area.
The Bachupally branch was inaugurated by D. Dayakar Reddy, Founder and Chairman of Pragathi Group of Institutions, and Dr. Ranjitha Nadendla of Dr. Ranjitha's Clinic while the Tandur branch was inaugurated in the presence of Kalva Radhakrishna, Director of Radical Bio-Organics Ltd., Bichala Jyothi and Katkam Veerender, President of the Grain and Seeds Merchants Association, Tandur.
KVB Managing Director and CEO Ramesh Babu inaugurated the bank's new branch at Agra.
He said the opening of eight branches would strengthen the bank's reach and improve access to banking services across metropolitan, semi-urban and rural markets.
The bank would focus on expanding its retail, MSME and agricultural banking business while complementing its physical network with digital services, he added.
As of September 30, 2026, the bank's total business stood at Rs 2,39,712 crore, comprising deposits of Rs 1,28,123 crore and advances of Rs 1,11,589 crore.
The bank reported a net profit of Rs 788 crore in the second quarter of FY 2026-27, registering a year-on-year growth of 37.28 per cent.
UNI KNR SS
Tags: #Karur Vysya Bank expands branch network to 929# opens 2 branches in Telangana
More News

Karur Vysya Bank expands branch network to 929, opens 2 branches in Telangana

30 Oct 2026 | 6:46 PM

Hyderabad, Oct 30 (UNI) Karur Vysya Bank (KVB) has opened eight new branches across four states, taking its nationwide branch network to 929, including two new outlets at Bachupally and Tandur, ourskirts of Hyderabad (Telangana).

see more..

30 Oct 2026 | 6:31 PM

New Delhi, Oct 30 (UNI) India's fiscal deficit stood at Rs 7.14 lakh crore during the first six months of the financial year 2026-27, equivalent to 42.1 per cent of the full-year Budget Estimate, according to the latest government accounts released on Friday. The deficit was higher than Rs 5.7 lakh crore recorded during the corresponding period of the previous financial year.

see more..

Hyd: Dr K Anand Kumar receives FABA Lifetime Achievement Award

30 Oct 2026 | 6:18 PM

Hyderabad, Oct 30 (UNI) Dr K. Anand Kumar, Managing Director of Indian Immunologicals Limited (IIL), has been conferred with the Lifetime Achievement Award by the Federation of Asian Biotech Associations (FABA) in recognition of his contributions to biotechnology, vaccine research, development and manufacturing.

see more..

Bank of Baroda posts record Q2 profit of Rs 6,532 crore

30 Oct 2026 | 5:17 PM

Mumbai, Oct 30 (UNI) Public sector lender Bank of Baroda on Friday reported its highest-ever quarterly net profit of Rs 6,532 crore for the July-September quarter of FY27, registering a 35.8 per cent year-on-year growth, even as its first-half net profit declined 16.5 per cent amid a sharp increase in provisioning.

see more..

Sitharaman hits back at Rahul Gandhi over IDBI Bank deal, recalls Congress-era bad loans

30 Oct 2026 | 4:07 PM

New Delhi, Oct 30 (UNI) union Finance Minister Nirmala Sitharaman on Friday defended the Centre’s proposed sale of a majority stake in IDBI Bank, hitting back at Congress leader Rahul Gandhi over his criticism of the disinvestment move. She accused previous Congress-led governments of interfering in the functioning of public sector banks and influencing lending decisions, which, she alleged, contributed to the accumulation of bad loans.

see more..