Karur Vysya Bank (KVB) has announced significant developments in its operations, including branch expansion and a revision in lending rates. The bank is set to strengthen its presence in key South Indian cities while also offering more competitive interest rates to its customers.

Branch Expansion

KVB is poised to inaugurate three new branches on September 8, 2025, expanding its network in Tamil Nadu and Andhra Pradesh. The new branches will be located at:

1. Madurai - Chinthamani: No.3/139, Nedungulam Main Road, Chinthamani, Madurai – 625 009
2. Neelambur: No: 1/490, Serayampalayam Road, Neelambur, Coimbatore – 641 062
3. Vadlapudi: D.No.31-27-28/1, Nataraj Plaza, Ground Floor, Vadlapudi, Visakhapatnam – 530 046, Andhra Pradesh

This expansion demonstrates KVB's commitment to enhancing its presence in both established and emerging markets across South India.

Reduction in MCLR Rates

In a move that could benefit borrowers, Karur Vysya Bank has announced a reduction in its Marginal Cost of Funds Based Lending Rates (MCLR). The new rates will be effective from September 7, 2025. The revised MCLR structure is as follows:

The reduction in MCLR across all tenors by 10 basis points (bps) indicates the bank's effort to offer more competitive lending rates to its customers.

Investor Relations

KVB recently participated in the 'Ashwamedh-Elara India Dialogue 2025' Investors Conference organized by Elara Capital Ltd on September 3 and 4, 2025, in Mumbai. The bank's top management, including Managing Director & CEO B Ramesh Babu and Executive Director B Sankar, engaged with various institutional investors and analysts during the conference.

The bank's participation in such events underscores its commitment to maintaining transparent communication with investors and analysts, providing insights into its operations and strategies.

These developments collectively reflect Karur Vysya Bank's focus on expanding its physical presence, offering competitive rates, and maintaining strong investor relations as part of its growth strategy in the banking sector.

Karur Vysya Bank , a prominent player in the Indian banking sector, has made a significant announcement that is set to benefit its shareholders. The bank has declared a bonus issue of shares, a move that typically increases the number of outstanding shares without affecting the company's market capitalization.

Bonus Issue Announcement

Karur Vysya Bank officially disclosed the bonus share issue through newspaper advertisements published on August 14, 2025. The announcement was strategically communicated in two major publications:

1. Business Standard (All Edition, English)
2. Dinamalar (Trichy Edition, Tamil)

This dual-language approach ensures wide reach across both national and regional audiences, demonstrating the bank's commitment to keeping all its stakeholders informed.

Regulatory Compliance

In line with its obligations as a publicly traded company, Karur Vysya Bank promptly informed the stock exchanges about this development. The bank submitted the required disclosures to both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), adhering to the regulatory framework set by the Securities and Exchange Board of India (SEBI).

Implications for Investors

A bonus issue is generally viewed positively by the market as it suggests that the company is confident about its future prospects and has sufficient reserves to support the increase in share capital. For existing shareholders, this means:

• An increase in the number of shares they hold without any additional cost
• Potential for improved liquidity in the stock
• A possible adjustment in the market price of shares, making them more accessible to a broader range of investors

Regulatory Disclosure Details

The LODR (Listing Obligations and Disclosure Requirements) data reveals that the bank's Company Secretary & Deputy General Manager, Srinivasarao M, officially communicated this information to the stock exchanges. The disclosure was made under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015.

Looking Ahead

While the exact ratio of the bonus issue has not been specified in the available information, shareholders and potential investors will be keenly awaiting further details. The bonus issue is a significant corporate action that could impact the bank's stock performance and shareholder value in the coming days.

Investors and market analysts will be closely monitoring Karur Vysya Bank's stock in the wake of this announcement, as bonus issues often generate increased interest and trading activity in the market.

As always, investors are advised to consider their financial goals and risk tolerance, and consult with financial advisors before making investment decisions based on corporate announcements.