THE KARUR VYSYA BANK LIMITED A PROFILE (As at 31.03.

2012) OUR VISION:

OUR VISION: DELIGHT THE CUSTOMERS CONTINUALLY BY BLENDING TRADITION WITH TECHNOLOGY TO DELIVER INNOVATIVE PRODUCTS AND SERVICES AT AFFORDABLE RATES THROUGH A PAN INDIA BRANCH NETWORK Welcome to Karur Vysya Bank the bank that carries with it a tradition of 96 years and yet is young enough to adapt itself to the rapidly changing scenario in the banking industry. Origins: Karur Vysya Bank was started in the year 1916 in Karur, then a small textile town with a vast agricultural background, by two illustrious sons of the soil Sri M.A. Venkatarama Chettiar and Sri Athi Krishna Chettiar. What started as a venture with a seed capital of Rs. 1.00 lakh has grown into a leading financial institution that offers the wide gamut of financial services to millions of its customers under one roof. Financial landmarks of the bank as of 31.03.2012: Total business of the bank was at Rs. 56316 cr. with total deposits at Rs. 32111 cr. and total advances at Rs. 24205 cr. The net profit of the bank for fiscal 2011-12 was Rs. 501.72 cr. The net owned funds of the bank are Rs. 2708.22 cr. The bank has a Capital Adequacy Raito of 14.33% (Basel II) as against the RBI stipulated norm of 9%. The Net NPA was at 0.33%. The bank has been earning profits since inception and has been declaring dividend uninterruptedly. The bank has declared 100% dividend since 2003-04. Since 2007-08, the dividend was 120%. It has been proposed to declare a dividend of 140% for 2011-12. 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 ongoing 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 Adjudged as the Best Small Bank, 2010 by Business World Pricewaterhouse Coopers. Awarded the "Banking Technology Excellence Awards - 2009" - Special Award Best IT Infrastructure Management, 2009 by Institute for Development and Research in Banking Technology, Hyderabad. Won the award for Best use of IT for Customer Service in Semi-Urban and Rural Areas during the previous year. Dun & Bradstreet Polaris Software Banking Award 2010 for Best Private Sector Bank in "Asset Quality" Ranked by The Banker, London among the TOP 1000 Banks of the world for the year 2009, one among 31 Indian Banks featuring in the list. Received the CFBP Jamnalal Bajaj Award for Fair Business Practices in the Financial Sector Category. The award has been instituted by the Council for Fair Business Practices, Mumbai based on evaluation parameters like customer satisfaction, customer communication, employee motivation, social conscience, corporate social responsibility and compliance with laws Ranked as the Best Mid-sized Bank by Business Today KPMG for 2009. Awarded the Gold CIO Award in the more than Rs. 1000 cr. category of the Enterprise Connect Awards '09 instituted by CIOL (Cybermedia India Online Limited)-Dataquest recognizing the "leadership combined with vision and mission in deploying information technology for business benefits through pioneering and innovative use within and outside the organization". Was rated as the Most Efficient Small Bank by Business Today KPMG and as the No. 1 old private sector bank by Financial Express Ernst & Young for two years in succession (2006 & 2007). Adjudged as the Best Small Bank, 2010 by Business World Pricewaterhouse Coopers. Awarded the "Banking Technology Excellence Awards - 2009" - Special Award Best IT Infrastructure Management, 2009 by Institute for Development and Research in Banking Technology, Hyderabad. Won the award for Best use of IT for Customer Service in Semi-Urban and Rural Areas during the previous year. Dun & Bradstreet Polaris Software Banking Award 2010 for Best Private Sector Bank in "Asset Quality"

Ranked by The Banker, London among the TOP 1000 Banks of the world for the year 2009, one among 31 Indian Banks featuring in the list. Received the CFBP Jamnalal Bajaj Award for Fair Business Practices in the Financial Sector Category. The award has been instituted by the Council for Fair Business Practices, Mumbai based on evaluation parameters like customer satisfaction, customer communication, employee motivation, social conscience, corporate social responsibility and compliance with laws Ranked as the Best Mid-sized Bank by Business Today KPMG for 2009. Awarded the Gold CIO Award in the more than Rs. 1000 cr. category of the Enterprise Connect Awards '09 instituted by CIOL (Cybermedia India Online Limited)-Dataquest recognizing the "leadership combined with vision and mission in deploying information technology for business benefits through pioneering and innovative use within and outside the organization". Was rated as the Most Efficient Small Bank by Business Today KPMG and as the No. 1 old private sector bank by Financial Express Ernst & Young for two years in succession (2006 & 2007).

Karur Vysya Bank

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The Karur Vysya Bank Limited

Type

Public (BSE: 590003)

Industry

Banking Financial services

Founded

1916

Headquarters

Karur, India

Key people

Shri Katta Pradyumna Kumar

(Chairman)

Shri K. Venkataraman
(MD & CEO)

Shri M.G.S.Ramesh Babu

(Director)

Shri S. Ganapathi Subramanian

(Director)

Shri K P Rao
(Director)

Shri V.Santhanaraman
(Director)

Shri G. Rajasekaran
(Director)

Shri A J Suriyanarayana
(Director)

Shri K. Ramadurai
(Additional Director)

Shri K. K.Balu
(Additional Director)

Products

Investment Banking Commercial Banking Retail Banking Private Banking Asset Management Mortgages Gold & Silver Coins, Bars Credit Cards

Operating income

512.66 crore (US$102.28 million)(20112012)

Employees Website

5,491 (March 31, 2012) https://www.kvb.co.in

Karur Vysya Bank is a privately held Indian bank, headquartered in Karur in Tamil Nadu. It was set up in 1916 by M. A. Venkatarama Chettiar and Athi Krishna Chettiar. All the branches are powered with CBS Core Banking Solution. The bank also offers Internet Banking and Mobile Banking facilities to its customers.

Contents
[hide]

1 History 2 Branch and ATM Network 3 Technological Accomplishments 4 Banking and Para Banking Services 5 Recognitions 6 External links

[edit]History
Karur Vysya Bank, popularly known as KVB, one such endeavour, was set up in 1916 by two blokes, 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. Origins: What started as a venture with a seed capital of Rs. 1.00 lakh has grown into a leading financial institution that offers the wide gamut of financial services to millions of its customers under one roof. 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. The bank is managed and guided by the Board of Directors drawn from different fields. Shedding its inherent regional flavour, the bank has now over 453 branches in various States and Union Territories in order to gain a pan-India presence. Shri K.K. Balu was co-opted as an Additional Director of the Bank on 27 January 2012.

[edit]Branch

and ATM Network

The Bank had a Branch Network of 454 and an ATM Network of 863 as on 1 June 2012.

[edit]Technological

Accomplishments

KVB is one of the earliest banks in the country to achieve full networking of its branches under Core Banking Solutions, offering services through multiple delivery channels. Some of the noteworthy accomplishments of KVB are: Any Branch Banking Multicity Account facilities for both current and savings bank customers. Internet Banking online TAX Payments through Internet Banking

On line utility bill payments and shopping facilities On line Payment of Electricity Bill in Tamil Nadu (TNEB) through Net Banking E-Commerce facilities backed with the safety of Verified by VISA Mobile Banking KVB mPay offers the facility of inter-bank transfer of funds through Inter-bank Mobile Payment Services of NPCI. Point of sale machines Real Time Gross Settlement (RTGS) and National Electronic Funds Transfer (NEFT) facilities at all branches VISA and MasterCard Debit card facility with a card base of over 2 million On-Line Train Ticket and Air Ticket Booking using KVB VISA Debit Card. VISA enabled Gift and Travel Card Access to over 800 KVB ATMs and over 90000 domestic ATMs and over 1 million VISA ATMs worldwide Card to Card and Card to account transfer of funds through KVB ATMs Payment of institutional fees through ATMs Payment for air tickets (Kingfisher) through KVB ATMs 24 X 7 toll free professional help desk services for all ATM, Internet Banking, Mobile Banking and ecommerce transactions.

[edit]Banking

and Para Banking Services

KVB offers several deposit and loan products, tailormade to cater to the specific needs of customers. The bank offers NRE / FCNR deposits and remittance services to NRIs. The bank offers all types of general insurance policies through a tie-up with M/s Bajaj Allianz General Insurance Company. The bank offers life insurance policies through a tie-up with M/s Birla Sun Life Insurance Company. The Bank distributes the Mutual Fund products of UTI, SBI MF, Reliance MF, Sundaram BNP Paribas MF, Birla Sunlife MF, Franklin Templeton MF and LIC MF The Bank is a Depository Participant through NSDL and opens demat accounts ASBA facility available. Off-line and on-line trading facility is available to the demat customers enabled through a tie-up with M/s Religare Securities Ltd and M/s IDBI Caps respectively. KVB is one of the authorized banks to open accounts under the New Pension Scheme.

KVB POS terminal facility is available at merchant establishments. KVB sells pure 24 carat Assay certified Gold Coins and bars and silver coins and bars. KVB tie up with SBI Cards for a co-branded credit card

[edit]Recognitions
KVB has been ranked as the Best Private Sector Bank at the Bloomberg UTV Financial Leadership Awards, 2012. Our MD & CEO, Shri K. Venkataraman received the award on behalf of the Bank from Shri Pranab Mukherjee, Honble Union Finance Minister on 07.04.2012. KVB has been recognized as The Best Small Bank and The Fastest Growing Small Bank by Business World in their evaluation of the Best Banks of 2011 The Institute for Development and Research in Banking Technology, Hyderabad has awarded the IDRBT Banking Technology Excellence Awards, 2010-11 Best Bank Award for Mobile Banking among Small Banks. KVB's MD & CEO, Shri K. Venkataraman received the award from Shri Anand Sinha, Deputy Governor, Reserve Bank of India and Chairman, IDRBT at a function in Hyderabad on 4 August 2011. KVB has been recognized as Best Cost Efficient Private Sector Bank, Award was received by KVB's MD & CEO from Shri Prithviraj Chavan, Honble Chief Minister of Maharashtra gave way the FIBAC Best Bank Award, 2011 on 25 August 2011 The award is instituted by FICCI IBA CNBC-TV18 MCX has awarded KVB as the Best Banks & Financial Institutions Awards, 2011 - Best Old Private Sector Bank to Karur Vysya Bank. The award was presented by Shri Veerappa Moily, Honble Union Minister for Corporate Affairs at a function in Mumbai on 12 September 2011. Financial Express has adjudged Karur Vysya Bank as the Best Old Private Sector Bank Runner up. The award was presented by Shri Pranab Mukherjee, Honble Union Finance Minister on 17 September 2011 to KVB's MD & CEO, Shri K. Venkataraman. KVB Adjudged as the Best Small Bank, 2010 by Business World Pricewaterhouse Coopers. KVB Awarded the "Banking Technology Excellence Awards - 2009" - Special Award Best IT Infrastructure Management, 2009 by Institute for Development and Research in Banking Technology, Hyderabad. Won the award for Best use of IT for Customer Service in Semi-Urban and Rural Areas during the previous year. KVB awarded by Dun & Bradstreet Polaris Software Banking Award 2010 for Best Private Sector Bank in "Asset Quality" KVB Ranked by The Banker, London among the TOP 1000 Banks of the world for the year 2009, one among 31 Indian Banks featuring in the list. KVB Received the CFBP Jamnalal Bajaj Award for Fair Business Practices in the Financial Sector Category. The award has been instituted by the Council for Fair Business Practices, Mumbai based on

evaluation parameters like customer satisfaction, customer communication, employee motivation, social conscience, corporate social responsibility and compliance with laws KVB Ranked as the Best Mid-sized Bank by Business Today KPMG for 2009. KVB Awarded the Gold CIO Award in the more than Rs. 1000 cr. category of the Enterprise Connect Awards '09 instituted by CIOL (Cybermedia India Online Limited)-Dataquest recognizing the "leadership combined with vision and mission in deploying information technology for business benefits through pioneering and innovative use within and outside the organization". KVB Was rated as the Most Efficient Small Bank by Business Today KPMG and as the No. 1 old private sector bank by Financial Express Ernst & Young for two years in succession (2006 & 2007).

[edit]External

links

The official site of The Karur Vysya Bank Limited

[hide]
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Financial Services

National Electronic Fund Transfer (NEFT)

Structured Financial Messaging System (SFMS)

CashTree

Cashnet

Automated Teller Machine (ATM) De-Materialisation (DEMAT)

Foreign Exchange (FOREX)