Karur Vysya Bank Opens New Branch in Kakinada, Andhra Pradesh

Karur Vysya Bank (KVB) has strengthened its presence in Andhra Pradesh by inaugurating a new branch at Sarpavaram Junction in Kakinada. The inauguration ceremony was graced by Shri. G. Bindu Madhav IPS, Superintendent of Police, Kakinada, and Dr. Pulla Devi Swapnika, M.B.B.S, M.S (OBG), Obstetrician & Gynaecologist, Maurya Hospital Kakinada. On the same day, KVB expanded its footprint further with the opening of a new branch in Tirunelveli district of Tamil Nadu, bringing the Bank's all-India branch network to 898.

The new branches are set to offer a comprehensive suite of banking services including accounts, deposits, and loans, encompassing both savings and current accounts. Customers can access an array of financial products tailored to their varied requirements, spanning retail, institutional, and consumer lending-ensuring all basic and specialized banking transactions are met efficiently under one roof.

Commenting on the occasion, Shri Ramesh Babu, Managing Director & CEO, Karur Vysya Bank, stated, "The inauguration of the new branch in Kakinada and our ongoing expansion in Andhra Pradesh reflect our commitment to growing our market presence and delivering excellent banking services in the region. Andhra Pradesh holds exceptional importance for Karur Vysya Bank, and we remain focused on meeting the diverse financial needs of its residents. Our continuous growth here highlights how important this market is to our business objectives and future ambitions."

In addition to traditional branch banking, KVB also offers robust digital solutions. The KVB DLite Mobile Banking app brings the convenience of financial and non-financial services with over 150 features, recently enhanced to deliver greater customer ease and efficiency. Alongside internet banking, the Bank ensures clients enjoy modern, secure, and seamless access to their banking needs, wherever they are.

Shares of Karur Vysya Bank Limited was last trading in BSE at Rs. 251.40 as compared to the previous close of Rs. 251.40. The total number of shares traded during the day was 57433 in over 808 trades.

The stock hit an intraday high of Rs. 253.75 and intraday low of 248.60. The net turnover during the day was Rs. 14410926.00.

Source : Equity Bulls

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KarurVysyaBank INE036D01028 KVB NewBranch Kakinada AndhraPradesh