Money & Banking

Karur Vysya Bank business turnover crosses ₹1.25 lakh cr in FY’21

Our Bureau | Updated on: Apr 05, 2022

Ramesh Babu, Managing Director and CEO, Karur Vysya Bank 

Ramesh Babu, Managing Director and CEO, Karur Vysya Bank  | Photo Credit: BL reporters

The total business of Karur Vysya Bank has crossed Rs ₹1.25 lakh crore by the end of the last fiscal year.

While the total deposits of the bank stood at ₹68,676 crore as on March 31, 2022, total advances was at ₹58,086 crore, in all amounting to ₹1,26,762 crore, the bank said in a statement on Tuesday.

Ramesh Babu, Managing Director and CEO, Karur Vysya Bank said, “This is a significant landmark in the 100-plus years history of the bank. Our approach is to offer our customers, need-specific, financial products and services by providing tailor-made solutions and a positive customer experience through delivery of quick and efficient services.”

Published on April 05, 2022
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