Business Economy


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.
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