Karur Vysya Bank Expands Network with 4 New Branches in TN

17 Dec 2024 CW Team

Karur Vysya Bank, a private sector lender, has strengthened its presence in Tamil Nadu by inaugurating four new branches, raising its total branch count to 862. The bank had already launched 24 new branches in the current financial year.

The newly inaugurated branches are located in Madurai, Tiruppur, Krishnagiri, and Chennai, the bank announced in a press release on Sunday. These branches will cater to a wide range of banking services, from basic transactions to specialized financial needs.

As of September 30, 2024, Karur Vysya Bank reported a total business of ?1,76,138 crore and a net profit of ?932 crore. Its non-performing assets stood at a mere 0.28%, indicating a healthy financial position.

The bank’s strategy of expanding its branch network aligns with its goal of improving access to financial services for its customers across Tamil Nadu, while also ensuring solid growth in business and profitability.

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..