Karur Vysya Bank Limited
Karur Vysya Bank is engaged in providing a wide range of banking and financial services including commercial banking and treasury operations.
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Karur Vysya Bank has informed that employee unions have given a strike call. If materialized, participation by officers and workmen may affect normal branch operations, though the financial and operational impact remains unquantifiable at this stage.
Bank received an independent ESG Rating of 80 (Core Rating 81) for FY25-26 from NSE Sustainability Ratings & Analytics. This rating, based on public disclosures, reflects the bank's strong environmental, social, and governance performance.
The company announced key management changes: Shri Ramasamy G V is the new Chief Financial Officer. Former CFO Shri Ramshankar R transitions to Chief Operating Officer following his elevation to Chief General Manager.
Karur Vysya Bank expanded its network by opening 16 new branches, totaling 919. This deepens market presence for retail, MSME, and agri customers. The bank reported ₹2,27,267 Cr total business and its highest-ever quarterly net profit of ₹756 Cr, indicating strong growth.
Crisil ESG Ratings assigned 'Crisil ESG 74' and 'Crisil Core ESG 77' to the bank for FY2025-26. This independent rating, based on public disclosures, assesses the bank's environmental, social, and governance performance.