Press Release

Karur Vysya Bank Opens 16 New Branches in Single-Day Expansion

Karur Vysya Bank (KVB) inaugurates 16 new branches across Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, and Delhi NCR, scaling its network to 919. Total business crosses ₹2.27 lakh crore.

Karur Vysya Bank opens 16 new branches in a single day, expanding its network to 919 branches across India.
Karur Vysya Bank expands its branch network with 16 new branches across five regions.

India, August 31, 2026: In a significant push to deepen its national footprint, Karur Vysya Bank (KVB), one of India’s leading private sector banks, inaugurated 16 new branches in a single day. This major infrastructure expansion reinforces the bank’s dominance across southern India while selectively advancing its presence in the highly commercial Delhi NCR region.

With this simultaneous rollout, Karur Vysya Bank’s extensive domestic network now stands at 919 branches.

A Coordinated "Phygital" Expansion Drive

The simultaneous launch was anchored in Hyderabad, where Shri Ramesh Babu, Managing Director & CEO of Karur Vysya Bank, physically inaugurated the new Gachibowli branch. The remaining 15 locations were launched virtually via a coordinated video conference, symbolizing the bank's operational modernization and agility.

This expansion aligns with KVB's multi-tiered market strategy to penetrate metropolitan, urban, semi-urban, and rural areas. The physical branch network remains a cornerstone of the bank's strategy to cater to high-touch sectors, specifically retail customers, micro, small and medium enterprises (MSMEs), and agricultural businesses.

Highlighting the balance between physical proximity and digital enablement, Shri Ramesh Babu, MD & CEO, stated: "We continue to expand our branch network in markets where we see good business potential and an opportunity to deepen our relationship with customers. While digital banking has made everyday transactions much easier, branches continue to play an important role, particularly for our MSME, retail and agricultural customers. The new branches will help us get closer to customers and offer them the convenience of both personalised service and digital banking."

Karur Vysya Bank executive attends the virtual inauguration of 16 new branches across India.

Comprehensive Geographic Breakdown of New KVB Branches

The 16 new branches are strategically distributed to capture both established regional loyalty and new commercial corridors:

Tamil Nadu (6 Branches)

Deepening its home-state consolidation, KVB opened branches in Chennai (Thirumangalam), Erode (Chithode), Sivagangai, Salem (Ammapet and Jagirrammapalayam), and Kancheepuram (Sevilimedu).

Andhra Pradesh (5 Branches)

Expanding in key trade and coastal belts, new branches were launched in Vijayawada (Ramavarapadu), Jaggayyapeta, Sompeta, Vizag (Kancharapalem), and Rajahmundry (Konthamuru).

Telangana (3 Branches)

Targeting the affluent tech and residential corridors around Hyderabad, branches opened in Gachibowli, Kokapet, and Indhresham.

Karnataka (1 Branch)

A new branch was inaugurated in the coastal banking hub of Udupi.

Delhi NCR (1 Branch)

Establishing a strategic corporate and MSME beachhead in North India, a branch was opened in Gurugram’s Udyog Vihar.

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Fact-Checked Financial Fortitude: Record Q1 FY27 Performance

Karur Vysya Bank's aggressive physical scaling is sustained by historically strong financial performance. Recent earnings data confirms that the bank has achieved a highly robust and active balance sheet, fueling nationwide expansion without straining liquidity.

As of June 30, 2026 (Q1 FY27), KVB's total business volume reached ₹2,27,267 crore. This comprises:
* Total Deposits: ₹1,22,587 crore
* Total Advances: ₹1,04,680 crore

Furthermore, the bank reported its highest-ever quarterly net profit of ₹756 crore for Q1 FY27, showcasing the internal capital generation necessary to fund ongoing infrastructure and digital investments simultaneously.

The Digital Ecosystem: KVB DLite and Self-Service Infrastructure

While expanding its brick-and-mortar footprint, KVB continues to aggressively scale its digital architecture. The 919 physical branches are complemented by a robust self-service network of 2,169 ATMs and cash recyclers distributed across the country.

At the core of its retail digital strategy is the KVB DLite mobile banking application. The app offers customers access to more than 150 distinct financial and non-financial services, ensuring that routine transactions are executed seamlessly via mobile phones while complex underwriting is handled at the newly established branches

About Karur Vysya Bank

Founded in 1916, Karur Vysya Bank has grown into one of India’s most trusted private sector banks, maintaining a commanding presence in retail, MSME, and agricultural banking segments. Blending over a century of banking heritage with modern digital solutio, KVB operates 919 branches and 2,169 ATMs/cash recyclers, delivering premier banking solutions to millions of customers nationwide.

Frequently Asked Questions About KVB Branch Expansion

How many branches does Karur Vysya Bank have after this expansion?

Following the opening of 16 new branches, Karur Vysya Bank’s nationwide network stands at 919 branches.

Where are the 16 new KVB branches located?

The branches are distributed across Tamil Nadu (6), Andhra Pradesh (5), Telangana (3), Karnataka (1), and Delhi NCR (1).

What was Karur Vysya Bank's financial performance in Q1FY27?

As of June 30, 2026, KVB’s total business stood at ₹2,27,267 crore, and the bank posted a record quarterly net profit of ₹756 crore for Q1FY27.

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Harsh Nath Jha

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Harsh Nath Jha

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Harsh Nath Jha is a media student, writer, and the founder of Sahityashala.in. A graduate in Physics from the University of Delhi currently pursuing Radio & TV Journalism at IIMC Delhi, his work rests at the quiet intersection of empirical logic and creative expression. Driven by a genuine curiosity about people and culture, he approaches socio-political reporting and sports writing with thoughtful humility, steady precision, and a deep respect for the craft.

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