KVB inaugurates a new branch in Thane

Karur Vysya Bank (KVB) expanded its branch network with the inauguration of a new branch today at Ghodbunder Road, Thane. The branch was inaugurated by Shri S.M. Keshkamat, I.R.S., Commissioner of Income Tax, Mumbai along with Dr. Snehal Dhobale Kohale, M.S., D.N.B. (OBGY), Obstetrician & Fertility Specialist.

The new branch will offer a comprehensive range of banking services like accounts, deposits and loans including savings and current accounts and it will cater to all basic banking transactions and also specific needs of customers, offering the entire spectrum of banking products and financial services covering Retail, Institutional and Consumer lending.

Speaking on the branch expansion Shri Ramesh Babu, Managing Director & CEO, Karur Vysya Bank, said, "Our branch expansion is part of a strategic initiative to strengthen our presence in potential markets and bring our services closer to customers. At KVB, we are continuously working to enhance our service delivery through a combination of physical branches and digital platforms. Last financial year, we opened 50 new branches and we plan to further strengthen our presence this year to support our growing customer base."

KVB offers internet banking and mobile banking facilities. KVB DLite, the Mobile Banking app of the bank offers convenience of financial and non-financial services through 150+ features. The app has been recently upgraded with several customer friendly features.

The bank also inaugurated another 2 new branches today in Trichy, Tamil Nadu and Kurnool, Andhra Pradesh.

Shares of Karur Vysya Bank Limited was last trading in BSE at Rs. 261.60 as compared to the previous close of Rs. 263.10. The total number of shares traded during the day was 26225 in over 853 trades.

The stock hit an intraday high of Rs. 265.50 and intraday low of 260.25. The net turnover during the day was Rs. 6887297.00.

Source : Fortis Securities

Keywords

KarurVysyaBank INE036D01028 KVB NewBranch Thane