Home >> Business Profiles >> Karur Vysya Bank Ltd Company Logo Industry Banks Business Summary The bank was established in 1916 by the two illustrious sons of Karur, the late Shri M.A. Venkatarama Chettiar and the late Shri Athi Krishna Chettiar. Over the years, KVB has emerged as a strong bank with healthy fundamentals. The Bank has crossed several milestones over the past 89 years and enjoys a premier position in the banking industry today. During these 89 years of its existence, the bank has successfully faced and overcome several challenges through adept and timely response to market and technological changes. The total business of the bank has touched the figure of Rs.11395.55 crores as on 30.09.05. From a humble beginning of Rs. 1 Lakh, the bank's owned funds have crossed Rs.826.00 crores as of 31st September 2005. The Capital Adequacy ratio of the bank is 16.83 percent on the increased asset base for the period ended 30.09.05. The total deposits of the bank as on 30.09.2005 were Rs.6544.53 crores and the total advances were Rs.4851.02 crores. The profit of the bank stood at Rs.65.12 crores as on 30.09.05. They have been able to meet bank priority sector obligations. They fresh disbursement under agricultural advances has increased by 35.69 % during 2004-05. Today, KVB has spread its wings across 11 States and two Union territories. As on 30.09.2005, KVB has 233 branches. KVB is one of the early banks to adhere to the norm of Capital Adequacy Ratio stipulated by RBI right from its introduction. The Bank has been maintaining a healthy Capital Adequacy Ratio of over 16% as against the mandatory norm of 9% prescribed by the RBI, which will take care of future asset growth. Company Website http://www.kvb.co.in Phone +91-44-226520 Contact Address Details Office Address #Erode Road, P. B. No. 21, Karur 639002

Related Companies

» Jammu and Kashmir Bank Ltd The Jammu & Kashmir Bank is today one of the fastest growing banks in India with a network of more than 500 branches/offices spread across the country offering world class banking products/services to its customers. Today, the Bank has a status of value driven organization and is always working towards building trust with Shareholders, Employees, Customers, Borrowers, Regulators and other diver...

» City Union Bank Ltd City Union Bank has tied up with Export Credit Guarantee Corporation (ECGC) for marketing export credit Insurance products through company Branch network, to serve company customers more particularly those in the International Trade. 100 Memorable years in welfare. oriented Banking. Banking Institution that symbolises Trust and Tradition. Banking Vision that Combines Tradition and Technology. Trad...

» Bank of Maharashtra Bank of Maharashtra was Registered on 16th Sept 1935 with an authorized capital of Rs 10.00 lakh and commenced business on 8th Feb 1936. It now has 1292 branches (as of 30th September 2005) all over India. The Bank has the largest network of branches by any Public sector bank in the state of Maharashtra. The bank has fine tuned its services to cater to the needs of the common man and incorporat...

» Karnataka Bank Ltd Karnataka Bank Ltd., a premier private sector bank in India, was incorporated on February 18th, 1924 at Mangalore, a coastal town of Dakshina Kannada district in Karnataka State. The bank took shape in the aftermath of patriotic zeal that engulfed the nation during the freedom movement of 20th Century India. Over the years the Bank grew with the merger of Sringeri Sharada Bank Ltd., Chitladurg Ban...

» Dena Bank Dena Bank was founded on 26th May, 1938 by the family of Devkaran Nanjee under the name Devkaran Nanjee Banking Company Ltd. It became a Public Ltd. Company in December 1939 and later the name was changed to Dena Bank Ltd. In July 1969 Dena Bank Ltd. along with 13 other major banks was nationalized and is now a Public Sector Bank constituted under the Banking Companies (Acquisition & Transfer ...

» Post a FREE Classified Advertisement Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on IndiaCatalog.com Classifieds Website.
Jobs in India	India Real Estate	Automobiles	Indian Matrimonials	Beauty & Fitness