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Karur Vysya Bank
3.6
based on 1.1k Reviews
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Company Overview
Company Locations
Working at Karur Vysya Bank
Company Summary
Karur Vysya Bank is one of the leading commercial banks in India. KVB offers a wide range of services from loans, accounts & deposits etc.
Overall Rating
3.6/5
based on 1.1k reviews
5% below
industry average
Critically rated for
Promotions, Work satisfaction, Work-life balance
Work Policy
Work from office
96% employees reported
Monday to Saturday
44% employees reported
Strict timing
61% employees reported
Within city
48% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
38 employees reported
Health insurance
30 employees reported
Professional degree assistance
9 employees reported
Office cab/shuttle
5 employees reported
View all benefits
About Karur Vysya Bank
Founded in1916 (109 yrs old)
India Employee Count5k-10k
Global Employee Count5k-10k
India HeadquartersKarur, Tamil Nadu, India
Office Locations
--
Websitekvb.co.in
Primary Industry
Other Industries
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Karur Vysya Bank (KVB) is one of India's leading private sector banks headquartered in Karur, Tamil Nadu. With a rich heritage of over a century, KVB consistently strives to provide innovative banking solutions to its customers. KVB operates with a vast network of 840 branches and 2,270+ ATMs and cash recyclers.
The bank has adopted technology with best-in-class Internet Banking and Mobile Banking services. KVB DLite, the Mobile Banking app of the bank offers the convenience of financial and non-financial services and provides a simple and secure way to manage your banking on the go.
The bank continues to grow with its strong financials. The bank’s total business was INR 1,63,536 crores as of 31st March 2024 with a deposit base of INR 89,113 crores and advances at INR 74,423 crores. The bank had posted its highest-ever net profit of INR 1,605 crores during the financial year 2023-24. The net NPA of the bank was at 0.40%.
KVB is committed to delivering exceptional banking experience to its customers by leveraging technology to offer a wide range of financial products that can be easily accessed through both physical and digital channels.
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.
Vision: Delight customers continually by blending tradition with technology to deliver innovative products and services at affordable rates through a pan India branch network.
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Karur Vysya Bank Ratings
based on 1.1k reviews
Overall Rating
3.6/5
How AmbitionBox ratings work?
5
387
4
266
3
187
2
71
1
147
Category Ratings
3.5
Job security
3.4
Salary
3.4
Skill development
3.3
Company culture
3.3
Work-life balance
3.2
Work satisfaction
3.0
Promotions
Karur Vysya Bank is rated 3.6 out of 5 stars on AmbitionBox, based on 1.1k company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Karur Vysya Bank
based on 1k reviews
3.4
Rated by 160 Women
Rated 3.5 for Job security and 3.3 for Salary
3.6
Rated by 849 Men
Rated 3.5 for Job security and 3.4 for Salary
Work Policy at Karur Vysya Bank
based on 230 reviews in last 6 months
Work from office
96%
Permanent work from home
4%
Hybrid
0%
Karur Vysya Bank Reviews
Top mentions in Karur Vysya Bank Reviews
+ 5 more
Compare Karur Vysya Bank with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.6/5 based on 1.1k reviews | 4.0/5 based on 39k reviews | 3.9/5 based on 40.7k reviews | 3.7/5 based on 26.2k reviews |
Highly Rated for | No highly rated category | Job security Skill development Company culture | Job security Skill development | No highly rated category |
Critically Rated for | Promotions Work satisfaction Work-life balance | No critically rated category | Promotions | Promotions |
Primary Work Policy | Work from office 96% employees reported | Work from office 91% employees reported | Work from office 84% employees reported | Work from office 79% employees reported |
Rating by Women Employees | 3.4 Average rated by 160 women | 3.9 Good rated by 10.3k women | 3.7 Good rated by 8.6k women | 3.6 Good rated by 5.6k women |
Rating by Men Employees | 3.6 Good rated by 849 men | 4.0 Good rated by 26.9k men | 3.9 Good rated by 30.1k men | 3.8 Good rated by 19.4k men |
Job security | 3.5 Good | 4.1 Good | 4.0 Good | 3.7 Good |
View more
Karur Vysya Bank Salaries
Karur Vysya Bank salaries have received with an average score of 3.4 out of 5 by 1.1k employees.
Business Development Associate
(170 salaries)
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₹1.6 L/yr - ₹3.6 L/yr
Business Development Officer
(170 salaries)
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₹3 L/yr - ₹5.1 L/yr
Business Development Manager
(135 salaries)
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₹2.5 L/yr - ₹8 L/yr
Branch Manager
(124 salaries)
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₹7 L/yr - ₹19 L/yr
Relationship Manager
(103 salaries)
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₹3.1 L/yr - ₹10 L/yr
Credit Manager
(83 salaries)
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₹6.3 L/yr - ₹16.8 L/yr
Relationship Officer
(76 salaries)
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₹1.7 L/yr - ₹4.4 L/yr
Business Development Executive
(65 salaries)
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₹2 L/yr - ₹4.3 L/yr
Branch Sales Manager
(56 salaries)
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₹4 L/yr - ₹11 L/yr
Brach Operation Manager
(55 salaries)
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₹5.6 L/yr - ₹14 L/yr
Karur Vysya Bank Interview Questions
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Karur Vysya Bank Jobs
Popular Designations Karur Vysya Bank Hires for
Business Development Executive
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Branch Manager
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Popular Skills Karur Vysya Bank Hires for
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Karur Vysya Bank News
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Karur Vysya Bank Can Rally 44%, Says ICICI Securities, Maintains 'Buy' — Here's Why
- Karur Vysya Bank can rally 44%, says ICICI Securities, maintains 'Buy'
- Despite factoring in NIM moderation, Karur Vysya’s RoA/RoE may exhibit resilience and outpace peers.
- The brokerage expects Karur Vysya Bank to retain its leadership on RoA/RoE among mid-cap banks.
- Karur Vysya Bank has built strong resilience in growth, opex, and asset quality.
Bloomberg Quint | 1 Apr, 2025
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Karur Vysya Bank Shares Rise To Over One-Month High As Axis Capital Initiates 'Buy'
- Shares of Karur Vysya Bank rose to an over one-month high as Axis Capital initiated coverage with a 'buy' rating and a target price of Rs 295.
- Karur Vysya Bank's strong deposit franchise has allowed it to lower the cost of funds and price risks more effectively than its peers, according to Axis Capital.
- The bank has made significant strides in improving its asset quality, with GNPA and NNPA ratios improving to 0.8% and 0.2% in the third quarter of fiscal 2025, respectively.
- Karur Vysya Bank is well-positioned for continued growth with a well-diversified loan book, strong liability franchise, and expectations of maintaining healthy margins, according to Axis Capital.
Bloomberg Quint | 25 Mar, 2025
February sees 225 cr Aadhaar authentication transactions, 43 cr e-KYC transactions
- The total number of e-KYC transactions (42.89 crore) carried out during February 2025 is almost 14 per cent more than the levels seen during the same period last year.
- By the end of February 2025, the total number of Aadhaar authentication transactions crossed 14,555 crore, while total e-KYC transactions have gone beyond 2,311 crore.
- In February, 12.54 crore Aadhaar face authentication transactions were carried out, marking a monthly all-time high since its introduction in October 2021.
- 97 entities, including Kotak Mahindra Prime Ltd, PhonePe, Karur Vysya Bank, and J&K Bank, have onboarded to use face authentication, with a cumulative transaction count of over 115 crore.
HinduBusinessLine | 8 Mar, 2025
Karur Vysya Bank Q3 Result: Reports 20.39% Rise In Net Profit To Rs 496 Crore
- Karur Vysya Bank reports a 20.39% rise in net profit to Rs 496 crore for the October-December 2024 quarter.
- The bank's total income for the nine-month period ending Dec. 31, 2024, increased to Rs 8,482.33 crore from Rs 7,049.21 crore in the same period last year.
- The bank's managing director and CEO, Ramesh Babu B, mentions strong growth in retail, agriculture, and micro, small, and medium enterprises (RAM) verticals.
- The bank's gross non-performing assets (GNPA) have improved to 0.83% of gross advances as of Dec. 31, 2024.
Bloomberg Quint | 21 Jan, 2025
Karur Vysya Bank Q3 Results Review — Reasonably Steady Outcome Given Backdrop; Yes Securities Retains 'Buy'
- Karur Vysya Bank's Q3 results were reasonably steady given the backdrop.
- Stellar asset quality and reasonable growth were offset by a decline in margin.
- Advances stood at Rs 823 billion, up by 3.4% QoQ and 14.6% YoY.
- Deposits were at Rs 992 billion, up by 3.5% QoQ and 15.7% YoY.
Bloomberg Quint | 21 Jan, 2025
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KVB reports 20% rise in Q3 net profit at ₹496 crore
- Karur Vysya Bank (KVB) reports a 20% rise in net profit at ₹496 crore in Q3.
- The growth is driven by higher interest income and non-interest income.
- Gross non-performing assets (GNPA) improved by 75 basis points to 0.83%.
- Total deposits and total advances show a significant year-on-year growth.
HinduBusinessLine | 20 Jan, 2025
CARE Ratings assigns ‘A1+’ rating to Karur Vysya Bank’s short-term fixed deposits
- CARE Ratings has assigned an 'A1+' rating to the short-term fixed deposits of Karur Vysya Bank.
- The rating reflects KVB's long track record, diversified advances profile, comfortable capitalisation levels, stable resource profile, improved asset quality, and healthy profitability.
- KVB's advances grew by 16% YoY, reaching ₹74,423 crore as of March 31, 2024.
- With gross non-performing assets (NPAs) and net NPAs reduced to 1.40% and 0.40% respectively, KVB's asset quality has significantly improved in the last two years.
HinduBusinessLine | 5 Nov, 2024
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Karur Vysya Bank FAQs
When was Karur Vysya Bank founded?
Karur Vysya Bank was founded in 1916. The company has been operating for 109 years primarily in the Banking sector.
Where is the Karur Vysya Bank headquarters located?
Karur Vysya Bank is headquartered in Karur, Tamil Nadu.
How many employees does Karur Vysya Bank have in India?
Karur Vysya Bank currently has more than 8,800+ employees in India. BFSI, Investments & Trading department appears to have the highest employee count in Karur Vysya Bank based on the number of reviews submitted on AmbitionBox.
Does Karur Vysya Bank have good work-life balance?
Karur Vysya Bank has a work-life balance rating of 3.3 out of 5 based on 1,000+ employee reviews on AmbitionBox. 38% employees rated Karur Vysya Bank 3 or below, while 62% employees rated it 4 or above for work-life balance. This rating suggests that while some employees recognize efforts towards work-life balance, there is scope for improvement based on employee feedback. We encourage you to read Karur Vysya Bank work-life balance reviews for more details
Is Karur Vysya Bank good for career growth?
Career growth at Karur Vysya Bank is rated as moderate, with a promotions and appraisal rating of 3.0. 38% employees rated Karur Vysya Bank 3 or below, while 62% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Karur Vysya Bank promotions/appraisals reviews for more detailed insights.
What are the cons of working in Karur Vysya Bank?
Working at Karur Vysya Bank does have some drawbacks that potential employees should consider. The company is poorly rated for promotions / appraisal, work satisfaction and work life balance, based on 1,000+ employee reviews on AmbitionBox.
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