Karur Vysya Bank (KVB) has strengthened its presence in Tamil Nadu with the opening of a new branch in Thirupuvanam, Sivaganga district. This marks the Bank's 902nd branch nationwide and the first branch to be inaugurated in the current financial year.
The branch was inaugurated by Shri M.V. Muthuramalingam, Chairman, Velammal Group of Institutions; Dr. M. Anbukkarasi, Chief Civil Surgeon (Retd.), ESI Hospital and Correspondent, Thandeeswarar Hospital, School and Diabetic Centre, who lit the ceremonial Gayatri lamp. The ATM was inaugurated by Dr. K. Anish Burvin, Assistant Professor and PICME Nodal Officer, Department of Obstetrics and Gynaecology, Sivagangai Medical College & Hospital.
Speaking on the occasion, Shri Ramesh Babu, Managing Director & CEO of Karur Vysya Bank, said: "The opening of our Thirupuvanam branch is a significant step towards bringing modern banking services and economic opportunities closer to the people of Sivaganga district. As a rapidly growing commercial hub with a rich heritage, Thirupuvanam holds immense strategic importance for our expansion. KVB is committed to supporting the local community, entrepreneurs, and traders through tailored working capital solutions, trade finance, and digital payment tools."
KVB remains committed to providing accessible, world-class digital tools and personalized service. We believe this growth will empower local residents and businesses, drive job creation, and foster relationships built on trust and innovation."
Strategically located at the intersection of key agricultural and industrial hubs, the new branch will enhance access to financial services for local businesses, entrepreneurs, and farmers, supporting long-term regional development.
KVB offers comprehensive digital banking services, including internet and mobile banking. KVB DLite, the Bank's mobile banking application, provides over 150 financial and nonfinancial features and has recently been upgraded with several customer-friendly enhancements.
Shares of Karur Vysya Bank Limited was last trading in BSE at Rs. 297.75 as compared to the previous close of Rs. 295.50. The total number of shares traded during the day was 117231 in over 2861 trades.
The stock hit an intraday high of Rs. 301.50 and intraday low of 296.65. The net turnover during the day was Rs. 35029301.00.