Karur Vysya Bank Limited has informed the Exchange regarding a press release dated August 11, 2025, titled "Opening of New Branches".
KARURVYSYA · price
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Awaiting price reaction for this filing.
Karur Vysya Bank (KVB) opened three new branches on August 11, 2025 — in Trichy (Tamil Nadu), Kurnool (Andhra Pradesh), and Thane (Maharashtra), along with an ATM at the Kurnool branch. This is part of KVB's ongoing branch expansion strategy, with the bank having opened 50 new branches last financial year and planning to add more this year. As of June 30, 2025, KVB has 891 branches and over 2,226 ATMs/cash recyclers. The bank's total business stood at Rs. 1,96,024 crore, with deposits of Rs. 1,06,650 crore and advances of Rs. 89,374 crore. Q1FY26 net profit was Rs. 521 crore with a healthy Net NPA of 0.19%.
The new branches signal continued retail and geographic expansion, which could support deposit and loan growth. For shareholders, this reflects steady execution of growth plans, though branch additions alone are unlikely to move the stock price significantly.