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Old February 3rd, 2018, 12:44 PM
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Default Founder of Karur Vysya Bank

Can you tell me who was/were the founder(s) of Karur Vysya Bank? Also tell me about the recognitions received by Karur Vysya Bank?
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Old February 3rd, 2018, 12:45 PM
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Default Re: Founder of Karur Vysya Bank

Karur Vysya Bank is an old private-sector bank which was set up in 1916 by M. A. Venkatarama Chettiar and Athi Krishna Chettiar. It primarily operates in treasury, corporate/wholesale banking and retail banking segments.

It provides services such as personal, corporate, agricultural banking and services to NRIs and MSME. Under personal banking includes - housing loan, personal loan; insurance; and fixed deposits among others.

Under corporate banking includes - corporate loans; demat account, multicity current account and general insurance among others.

Schemes provided by it under agricultural banking - Green Harvester, Green Trac and KVB Happy Kisan among others. Under MSME, it provides - KVB MSME Cash, KVB MSME Term Loan, KVB MSME Vendor Bill Discounting and KVB MSME Standby Term Loan among others.

Best Small Bank Award given by Business World Magna Awards 2014 recognizing Banking excellence
The Sunday Standard Best Bankers' Awards 2013 awarded the Best Banker Growth Mid-Sized award to KVB
State Forum of Banker's Club, Kerala Excellence Awards 2014 selected it as 3rd Best bank among private sector banks at national level
Institute of Public Enterprises (IPE) BFSI- awarded "Best Bank in Private Sector" in June 2013
Kompella Portfolio Investment Advice Magazine, Hyderabad recognized it as the "Top Bank in the Old Private Sector" and "Third Best Bank of the Quarter" among public sector, old private sector and new private sector banks for the quarter ended 30.06.2013
Best Bank award among small Banks by IDBRT for "Banking Technology (Electronic Payment Systems)" for the year 2012-13
In the NSDL Star Performer Awards 2013, it bagged "Top Performer in New Accounts opened (Bank Category)"

It was ranked 188th among India's Most Valuable Top 500 companies based on Market Capitalization as per November 2013 issue of Business Today

Fortune India December 2013 publication listed it as 227th Company under Top 500 Companies in India

Contact Detail:
The Karur Vysya Bank Limited
Registered & Central Office
Post Box No.- 21
Erode Road, Karur - 639002
Phone No : 04324 - 269000
Fax No : 04324 - 225514
CIN : L65110TN1916PLC001295
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