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வஞ்சி மாநகர், Textile City,

Commercial banking in India can boast of a history of about 200 years. Though one could trace the history of banking back to the 19th century, the beginning of the last century saw the birth of many banks in India, set up by people with vision, commitment and national spirit. The Karur Vysya Bank Limited, popularly known as KVB, one such endeavour, was set up in 1916 by two great visionaries and illustrious sons of Karur, the Late Shri M A Venkatarama Chettiar and the Late Shri Athi Krishna Chettiar to inculcate the habit of savings and provide financial assistance to traders and small agriculturists in and around Karur, a textile town in Tamil Nadu. Though the bank started with a seed capital of Rs.1 lakh, it has withstood innumerable changes and challenges in the past few decades and has profitably emerged as one of the leading banks in India without compromising on its fundamentals. Venkatrama ChettiyarAthi Krishna Chettiyar The bank is professionally managed and guided by the Board of Directors drawn from different fields with vision, experience, knowledge and business acumen. Shedding its inherent regional flavour, the bank has now spread its wings far and wide with over 320 branches in 13 States and 3 Union Territories in order to gain a pan India presence. The bank has been conducting its affairs meticulously to conform to all the prudential norms and exacting statutory regulations. KVB has consistently maintained strong fundamentals with a higher percentage of Capital Adequacy Ratio than mandated by the RBI. KVB has also been generating profits and rewarding its stakeholders with handsome dividends since inception.

karur is a place of tex.

The Karur Vysya Bank Limited is engaged in providing a range of banking and financial services, including commercial banking and treasury operations. The Company operates in four business segments: Treasury, Corporate and Wholesale Banking, Retail Banking, and Other Banking Operations. The Company offers packaged product for Educational Institutions called KVB Edu Plus Scheme. It offers Non-Resident Indians (NRIs) - Home Loan under the title KVBGruhapravesh. It offers KVB Transport Plus loan product for financing transport operators for Term Loans and Working Capital Limits. As of March 31, 2012, the Company had a total of 825 own automated teller machines (ATMs). During the fiscal year ended March 31, 2012 (fiscal 2012), it opened 81 new branches and the upgraded of one satellite branch into a full fledged branch. As of March 31, 2012, it had 451 branches. As of March 31, 2012, it installed 3,376 point of sale (POS) machines at merchant establishments.