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Karur Vysya Bank is an Indian old private-sector bank, headquartered in Karur in Tamil Nadu. It was set up in 1916 by M. A. Venkatarama Chettiar and Athi Krishna Chettiar. It has 778 branches and network of 1771 ATM's and around 505 cash deposit machines as on February 4,2018.KVB has recorded a Total Business of Rs 1 lakh crore with deposits of Rs.56000 crores and advances of Rs.45000 crores Bank profile: Type Private Traded as BSE: 590003 NSE: KARURVYSYA Industry Banking Financial services Founded 1916 Headquarters Karur, Tamil Nadu, India Key people B.Swaminathan (Chairman) Products Consumer banking, Corporate banking, Finance and Insurance, Investment banking, Mortgage loans, Private banking, Wealth management, Credit Cards Revenue ₹5,443.41 crore (US$850 million) (2016) Operating income ₹1,235.42 crore (US$190 million) (2016) Net income ₹567.63 crore (US$89 million) (2016) Total assets ₹57,663.72 crore (US$9.0 billion) (2016) Number of employees 7,211 (2016) Capital ratio 11.79% |
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