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Karur Vysya Bank Limited reported audited financial results for FY 2025-26, posting a net profit of ₹2,510.33 Crore for the full year. The Board recommended a dividend of 130% (₹2.60 per share). These results reflect the bank's annual performance and capital adequacy position as of March 31, 2026.
Karur Vysya Bank inaugurated a new divisional office in Tiruppur to enhance operational efficiency and localized credit sanctioning for MSMEs and textile exporters. This expansion positions senior leadership closer to customers, facilitating swifter loan processing. The bank currently operates 37 branches in the region and reported a Q3 FY26 net profit of ₹690 Crore.
Karur Vysya Bank expanded its presence in Tamil Nadu by opening a new branch in Thirupuvanam, Sivaganga district. This marks the bank's 902nd branch nationwide and its first inauguration for the current financial year. The expansion aims to enhance access to financial services for local agricultural and industrial hubs.
Karur Vysya Bank received RBI approval to re-appoint Shri B Ramesh Babu as Managing Director & CEO for a third two-year term, effective July 29, 2026. This regulatory clearance ensures leadership continuity for the bank.
Karur Vysya Bank Ltd will hold a Board Meeting on May 07, 2026, to consider and approve audited financial results for the quarter and year ended March 31, 2026. The board will also consider recommending a dividend on equity shares for the same period.
Karur Vysya Bank announced the opening of a new branch in Thirupuvanam, Sivaganga District, Tamil Nadu. The branch (Serial No. 902) is scheduled to open on April 27, 2026. This expansion enhances the bank's regional presence and service accessibility for customers in the Madurai-Mandapam road area.
Karur Vysya Bank Limited has announced a revision in its Marginal Cost of Funds Based Lending Rates (MCLR) effective April 22, 2026. The overnight MCLR is revised to 8.85%, while the one-year MCLR stands at 9.15%. These adjustments reflect changes in the bank's cost of funds and impact lending rates across various tenors.
Karur Vysya Bank announced the results of its postal ballot held on April 17, 2026. Shareholders approved the re-appointment of Shri B Ramesh Babu as MD & CEO and CA Dr Chinnasamy Ganesan as Non-Executive Independent Director. Both resolutions were passed with the requisite majority via remote e-voting.
Karur Vysya Bank Limited announced the resignation of Mr. Shekhar Ramarajan, effective July 12, 2026. This administrative change follows the bank's regulatory disclosure requirements for changes in management personnel.
Shri Shekhar Ramarajan, General Manager & Head of Corporate & Institutional Group at Karur Vysya Bank, has resigned effective April 13, 2026, citing personal reasons. The Bank's Executive Director will oversee the portfolio to ensure leadership continuity. His tentative relieving date is set for July 12, 2026.
Karur Vysya Bank Ltd reported net profit of ₹690 Cr (+39.1% YoY) for Q3 FY26.
Karur Vysya Bank submitted its quarterly compliance certificate under SEBI (Depositories and Participants) Regulations for the period ended March 31, 2026. The filing confirms the processing and cancellation of securities received for dematerialisation through its RTA, MUFG Intime India Private Limited.