History

Old Building

New Building
Commercial banking in India can boast of a history of about 200 years. Though one could trace the history of banking back to the 19th century, the beginning of the last century saw the birth of many banks in India, set up by people with vision, commitment and national spirit. The Karur Vysya Bank Limited, popularly known as KVB, one such endeavour, was set up in 1916 by two great visionaries and illustrious sons of Karur, the Late Shri M A Venkatarama Chettiar and the Late Shri Athi Krishna Chettiar to inculcate the habit of savings and provide financial assistance to traders and small agriculturists in and around Karur, a textile town in Tamil Nadu. Though the bank started with a seed capital of Rs.1 lakh, it has withstood innumerable changes and challenges in the past few decades and has profitably emerged as one of the leading banks in India without compromising on its fundamentals.

Venkatrama Chettiyar

Athi Krishna Chettiyar

The bank is professionally managed and guided by the Board of Directors drawn from different fields with vision, experience, knowledge and business acumen. Shedding its inherent regional flavour, the bank has now spread its wings far and wide with over 320 branches in 13 States and 3 Union Territories in order to gain a pan India presence. The bank has been conducting its affairs meticulously to conform to all the prudential norms and exacting statutory regulations. KVB has consistently maintained strong fundamentals with a higher percentage of Capital Adequacy Ratio than mandated by the RBI. KVB has also been generating profits and rewarding its stakeholders with handsome dividends since inception.

Vision and Mission

OUR VISION DELIGHT CUSTOMERS CONTINUALLY BY BLENDING TRADITION WITH TECHNOLOGY TO DELIVER INNOVATIVE PRODUCTS AND SERVICES AT AFFORDABLE RATES THROUGH A PAN INDIA BRANCH NETWORK. OUR MISSION

Adapt technology to introduce innovative products and services as well as increase the value of products on an on-going basis and provide them at reasonable rates. Expand branch network to reach the top business centres, besides unbanked and under banked areas in the country; Strengthen the financials through effective deployment of funds and ensuring financial discipline while adhering to the regulator's guidelines

Update the knowledge and skills of the human capital to provide quality customer support.

Board of Directors

Shri Katta Pradyumna Kumar, Chairman

Shri K P Kumar is the Non-Executive (Part - Time) Chairman of the Board. He graduated in Arts and Law from Osmania University. A practicing advocate in the High Court of Karnataka, he is an advisor in M/s King & Partridge, Law Firm, Bangalore. He is on the Board of the Bank since 29.12.2003 and represents 'Law'. Top Shri K. Venkataraman, Managing Director and Chief Executive Officer

Sri K. Venkataraman assumed charge as the Managing Director and Chief Executive Officer of the bank on 6th June, 2011. He holds a post graduate degree in science and is a certified associate of Indian Institute of Bankers. He has rich experience of over three

decades in the field of banking. Prior to joining KVB, he was the MD & CEO of SBI Global Factors Limited, Mumbai. Top Shri M.G.S.Ramesh Babu

Shri M.G.S.Ramesh Babu, a graduate in Mathematics, is a Director on the Board of the Bank since 25th Aug 2006. Hailing from the texcity of Karur, he is running three SSI units. He is a leading exporter of Home Textiles. He is representing SSI Sector. Top Dr. S. Krishna Kumar

Dr. S. Krishna Kumar, has been co-opted as a Director of the bank in the Board Meeting held on 27.09.2008 to represent 'Information Technology'. Dr. S. Krishna Kumar is a graduate in Electronics Engineering from Bangalore University, M.Tech from IIT, New Delhi in Electronics and Communication Engineering, M.S from University of Southern California in Computer Science and Doctorate from the University of Southern California in Electrical Engineering - Systems. Top Shri S. Ganapathi Subramanian

CA S Ganapathi Subramanian, aged 66, is a Commerce graduate and a Fellow member of the Institute of Chartered Accountants of India. He is a partner in M/s Price Patt & Co., Chartered Accountants, Chennai. He has over 20 years of experience in audit of Banks including as Central Statutory Auditor for many Public Sector banks. He has also been associated with the audit of Public sector undertakings. He has over four decades of experience in Income Tax matters and appearing before Tribunals. He had also served as an Arbitrator appointed by the High Court of Madras. He is an Independent Director in terms of Clause 49 of the Listing Agreement and represents the majority sector Accountancy (special knowledge). He holds agricultural lands and is cultivating the same. He has practical experience in Agriculture.. Top Shri K P Rao

Shri K Parameshwara Rao is a Director of the bank since 25th September 2009. Shri K Parameshwara Rao, is a Post graduate in Commerce. He had joined as a Scale 1 officer in Corporation Bank in February 1976 and was elevated to various positions and finally as a General Manager of the Bank in the year 2005.He had served as the Branch Manager of the said Bank at various centres and later headed the banks zonal office at Mumbai and Bangalore .He had also worked at the Credit Department of the Banks Head office at Mangalore. He had also served as a Managing Director of the Corp Bank Homes Ltd ., a subsidiary company of the said bank. He retired as a General Manager of the bank and has over three and a half decades of experience in Banking . Top Shri V.Santhanaraman

Shri V.Santhanaraman is a graduate in Commerce and a Certified Associate of the Indian Institute of Bankers. He started his career as an Officer in Indian Bank in 1970 and rose through various Officer and Executive level positions in that Bank. He was appointed as an Executive Director of the Bank of Baroda in October 2006, a post which he held up to his retirement in August 2009. As ED of Bank of Baroda, he led the Corporate Banking, Treasury, Risk Management, Balance Sheet Management, Information Technology, Inspection and Audit and Corporate Planning activities of the bank. He also headed and was the Chairman of the BOBs international subsidiaries in Kenya, Tanzania and Uganda.He is a widely traveled person and has participated in international conferences in China, Canada, Singapore, USA and Europe. Presently member of Central Advisory Board on Bank Commercial and Financial Frauds. He is a Director of the Bank since 13th March 2010. Top Shri G. Rajasekaran

Shri G. Rajasekaran, aged 59 years, belongs to the promoter family. He has served as a director of the bank for two terms of 8 years each, viz., from 14.02.1990 till 13.02.1998 and 14.06.2000 to 08.06.2008. He has rich experience in textile business. He represents minority sector Business and Finance on the Board of the bank. Top Shri A J Suriyanarayana

Shri A J Suriyanarayana is a Director of the Bank since 27.10.2010. He is aged 38 years and a graduate in Economics and a Master of Business Administration. Hailing from the promoter family he is a dealer in petroleum products. He was on the Board of the bank earlier for a short period from 04.12.1997 till 29.08.2000. Top Shri K. Ramadurai

Shri K Ramadurai, aged 67 years was co-opted as an Additional Director in the Board of the Bank. He is a Commerce graduate and a Fellow Member of the Institute of Chartered Accountants of India. He has over four decades of experience in audit of Banks. He was on the Board of the Bank as an Independent Director from 07.08.2001 to 06.08.2009. He represents Majority sector "Accountancy"