Karur Vysya Bank has successfully inaugurated its milestone 900th branch in Chennai-Tondiarpet on February 6, 2026, marking a significant achievement in the bank's expansion strategy. The ceremony was led by Mr. Ramesh Babu, Managing Director & CEO of Karur Vysya Bank, with Dr. S. Uma, IAS, Additional Secretary to the Government, Health and Family Welfare Department, gracing the occasion.

Branch Inauguration Details

The new Chennai-Tondiarpet branch commenced operations as scheduled, serving customers in the northern part of Chennai. The branch is strategically positioned to cater to the vibrant commercial and industrial activities in the area, including manufacturing, trade, logistics, and fishing communities.

Leadership Vision and Growth Strategy

Speaking at the inauguration ceremony, Mr. Ramesh Babu emphasized the bank's philosophy of balancing strong values and traditions with progress. "For over a century, Karur Vysya Bank has grown alongside generations of customers by building relationships founded on trust. Even as we embrace technology and modern banking solutions, our focus remains on being accessible, inclusive, and personally connected to the communities we serve," he stated.

The MD & CEO highlighted that the last five years have marked a phase of steady and purposeful growth for the bank, supported by a stronger financial foundation and expanded branch network. He noted that the bank's progress has been driven by customer trust, which remains its greatest strength.

Comprehensive Banking Services

The new Tondiarpet branch offers a full range of banking services designed to meet diverse customer needs. The branch combines digital banking convenience with personalized, face-to-face service to support local businesses, entrepreneurs, and families.

Current Financial Performance

As of December 31, 2025, Karur Vysya Bank demonstrates strong financial metrics with a network of 900 branches and over 2,226 ATMs and cash recyclers across the country.

The inauguration of the 900th branch reinforces Karur Vysya Bank's long-term commitment to Chennai and Tamil Nadu, demonstrating its belief that meaningful growth comes from staying close to customers while evolving with changing times.

Karur Vysya Bank has notified stock exchanges about a potential strike that could impact its operations on January 27, 2026. The bank issued the disclosure under SEBI Regulation 30 compliance requirements, alerting investors about possible service disruptions.

Strike Details and Union Involvement

The United Forum of Bank Unions (UFBU) has called for a strike on Tuesday, January 27, 2026. Both the Officers Association and Workmen Union of Karur Vysya Bank are affiliated with UFBU, making the bank's workforce likely participants in the proposed industrial action.

Potential Operational Impact

The bank has warned that if the strike materializes, normal working of branches and offices may be affected. Officers and workmen participation could lead to:

• Disruption of regular banking services
• Limited branch operations
• Potential delays in customer transactions
• Reduced staff availability across locations

Regulatory Compliance

The notification was filed in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Deputy General Manager Srinivasarao M signed the disclosure document on January 24, 2026.

The bank has requested stock exchanges NSE and BSE to take the information on record, ensuring transparency with investors and market participants about potential operational challenges.