Karur Vysya Bank Opens Three New Branches in Three States

13 Aug 2025 CW Team

Karur Vysya Bank (KVB) has expanded its network with the inauguration of three new branches in Maharashtra, Andhra Pradesh, and Tamil Nadu.

The Karur-based private sector bank has opened branches in KK Nagar, Udayanpatti, Tiruchirappalli (Tamil Nadu), Thane (Maharashtra), and Kurnool (Andhra Pradesh), Managing Director and CEO Ramesh Babu announced.

Launched on Monday, the branches will provide a full range of banking services including accounts, deposits, loans, and other customer-focused transactions. Babu said the expansion is part of KVB’s strategic plan to strengthen its presence in high-potential markets and bring services closer to customers.

“We are continuously working to enhance service delivery through a blend of physical branches and digital platforms. Last financial year, we opened 50 new branches, and we aim to further strengthen our presence this year to support our growing customer base,” he added.

The bank’s mobile app, KVB DLite, has recently been upgraded to offer over 150 financial and non-financial services.

For the April–June 2025 quarter, KVB reported a net profit of Rs 5.2145 billion, up from Rs 4.5865 billion a year earlier. Total income rose to Rs 30.158 billion from Rs 26.7288 billion in the same period last year.

Infrastructure Urban

30 Sep 2025

PM Modi Launches Rs 1.22 Trillion Development Projects in Banswara

Prime Minister Shri Narendra Modi inaugurated and laid the foundation stone for development works worth over Rs 1.22 trillion in Banswara, Rajasthan, on the fourth day of Navratri. During his visit to the sacred land of Maa Tripura Sundari and Maa Mahi, the Prime Minister paid homage to the region’s spiritual heritage and highlighted the resilience of India’s tribal communities, inspired by the legacy of Mahayogi Govind Guru Ji.Shri Modi emphasised energy generation as a national priority, announcing power projects exceeding Rs 900 billion across Rajasthan, Madhya Pradesh, Andhra Pradesh, ..

GeM Launches Campaign to Boost Transparency and Fair Trade

The Government e-Marketplace (GeM) has launched a special campaign during Vigilance Awareness Week titled “GeM Ki Sunien, Satark Rahein, Zimmedar Banein,” reinforcing its commitment to transparency, integrity, and ethical practices in public procurement.The initiative aims to educate and empower buyers to adopt best practices and comply with rules while enabling sellers—including last-mile entrepreneurs, startups, and micro and small enterprises (MSEs) from Tier-2 and Tier-3 cities—to access secure and transparent opportunities. GeM’s safeguards, such as red-flag alerts, structured b..

DoT, FIU-IND Join Forces to Curb Telecom-Based Frauds

The Department of Telecommunications (DoT) and the Financial Intelligence Unit-India (FIU-IND) have signed a comprehensive Memorandum of Understanding (MoU) to strengthen information sharing and coordination, marking a major step in India’s fight against telecom misuse in cyber-crimes and financial fraud.The MoU was signed by Shri Sanjeev Kumar Sharma, Deputy Director General (AI & Digital Intelligence Unit – DIU), DoT, and Shri Amit Mohan Govil, Director, FIU-IND, in the presence of Dr. Neeraj Mittal, Secretary (Telecom), and Shri Arvind Shrivastava, Secretary (Revenue). The agreement..