Karur Vysya Bank Limited has announced the inauguration of a new branch in Pattabiram, Chennai, in line with its ongoing network expansion strategy. The development was disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The addition takes the bank’s total branch count to 901 nationwide.
The newly opened facility is located on MG Road, Pattabiram, a growing residential and commercial area in Chennai. The branch was formally inaugurated in the presence of local dignitaries from the education and healthcare sectors.
With this launch, the bank aims to strengthen its presence in the Avadi–Pattabiram corridor and enhance access to formal banking services in the area.
The Pattabiram branch will offer a full suite of banking services, including savings and current accounts, deposits and various loan products. The facility is designed to cater to retail customers, small businesses and institutional clients.
In addition to branch-based services, the bank continues to promote its digital offerings, including internet banking and its mobile banking application, KVB DLite, which provides a wide range of financial and non-financial features.
Founded in 1916, Karur Vysya Bank operates a network of 901 branches and over 2,200 ATMs and cash recyclers across India.
As of 31 December 2025, the bank reported total business of ₹2,11,647 crore, comprising deposits of ₹1,14,595 crore and advances of ₹97,052 crore. For the third quarter of FY26, it posted a net profit of ₹690 crore, with a net NPA ratio of 0.19 per cent.
As of 2:25 PM on 4 March 2026, shares of Karur Vysya Bank were trading at ₹314.10, down ₹1.20 or 0.38 per cent from the previous close of ₹315.30. The stock opened at ₹313.35 and moved between an intraday high of ₹320.75 and a low of ₹309.10, indicating moderate volatility during the session.
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The opening of the Pattabiram branch reflects Karur Vysya Bank’s continued focus on expanding its physical presence in key urban clusters while maintaining digital outreach. The measured movement in the share price suggests limited immediate market reaction to the announcement.
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Published on: Mar 4, 2026, 2:30 PM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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