Karur Vysya Bank announced that its Board of Directors has approved the reappointment of CA Dr Chinnasamy Ganesan as Non-executive Independent Director for a second term. The decision was made during the board meeting held on March 04, 2026, in compliance with regulatory requirements.

Board Decision and Timeline

The board meeting, which commenced at 10.00 A.M. and concluded at 06.45 P.M., considered and approved the proposal for CA Dr Chinnasamy Ganesan's reappointment as Non-Executive Independent Director. The reappointment details are structured as follows:

Professional Background and Expertise

CA Dr Chinnasamy Ganesan brings extensive professional credentials to his role as Independent Director. He is a Chartered Accountant with over three decades of experience spanning multiple domains including audit, assurance, financial reporting, taxation, and corporate advisory services. His expertise encompasses diverse industry sectors, with particular strength in banking and financial services.

The director has built significant experience in handling both Indian and multinational clients across various sectors including automotive, IT/ITES, telecom, healthcare, banking, and financial services. His specialization in international financial reporting standards has been recognized through an Honorary Doctorate in International Financial Reporting Standards (IFRS) from a foreign university.

Banking Sector Experience

CA Dr Chinnasamy Ganesan possesses more than 29 years of extensive knowledge in bank audits and training bank officials in financial reporting. He has assisted over 80 companies in their transition to Ind AS (IFRS in India), including listed companies and large unlisted companies from major corporate groups.

His involvement in the banking sector extends to serving as an active resource person for various institutions:

• Regional Training Institute of Comptroller and Auditor General of India
• Staff training college of Indian Bank
• Indian Overseas Bank
• Reserve Bank of India
• Several other banking institutions

Current Professional Roles

Beyond his role at Karur Vysya Bank, CA Dr Chinnasamy Ganesan holds additional positions that demonstrate his continued engagement in the financial sector. He serves as an Independent Director in Belstar Microfinance Limited and is a partner in R K C G & Associates LLP, Chartered Accountants, Chennai. Previously, he served as an Independent Director on the Board of RailTel Corporation of India Limited, a Mini-Ratna Public sector undertaking under the Ministry of Railways.

Regulatory Compliance

The bank has confirmed that CA Dr Chinnasamy Ganesan is not debarred from holding the office of Director by virtue of any Securities Exchange Board of India order or any other regulatory authority. The appointment follows all regulatory requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the director maintains no relationships with other directors of the bank, ensuring independence in his role.

Karur Vysya Bank has successfully inaugurated its newest branch in Pattabiram, Chennai, marking the 901st branch in the bank's expanding network across India. The new facility is strategically located at No. 11 MG Road, Pattabiram, Chennai – 600072, and provides a comprehensive range of banking services to serve the local community's diverse financial needs.

Branch Details and Service Offerings

The Chennai-Pattabiram branch represents a significant milestone in the bank's network expansion strategy. The facility offers a complete spectrum of banking services including savings and current accounts, deposits, loans, and all essential banking transactions. The branch is positioned to serve both retail customers and institutional clients in the vibrant residential and commercial hub of the Avadi and Pattabiram sectors.

Digital Banking and Modern Solutions

Customers at the new branch will have access to modern digital banking solutions, including internet banking and the bank's mobile banking application, KVB DLite. The mobile app offers over 150 features covering both financial and non-financial services, providing seamless banking convenience to customers. The branch also includes onsite ATM facilities to ensure 24/7 banking access for the local community.

Bank's Network and Financial Strength

With the addition of the Chennai-Pattabiram branch, Karur Vysya Bank now operates through a comprehensive network of 901 branches across the country. The bank also maintains over 2,227 ATMs and cash recyclers nationwide, ensuring widespread accessibility for its customers. As of December 31, 2025, the bank's total business stood at Rs. 2,11,647.00 crores, comprising deposits of Rs. 1,14,595.00 crores and advances of Rs. 97,052.00 crores.

Founded in 1916, Karur Vysya Bank continues to strengthen its position as a leading private sector bank in India. The Chennai-Pattabiram branch opening demonstrates the bank's ongoing commitment to expanding accessibility and enhancing customer service across Tamil Nadu's competitive banking landscape, bringing quality banking services closer to the growing business community and residents of this important Chennai suburb.