The Karur Vysya Bank Limited Approves the Elevation of Shri Kvsm Sudhakar, Chief Compliance Officer in the Cadre of General Manager to Chief Compliance Officer in the Cadre of Chief General Manager and Categorized as Key Managerial Personnel of the Bank, Effective on April 01, 2024

The Karur Vysya Bank Limited (the Bank) is a banking company. It is engaged in providing a range of banking and financial services, including commercial banking and treasury operations. Its segments include Treasury, Corporate and Wholesale Banking, Retail Banking, and Other Banking Operations. The Treasury segment comprises of investments in central and state government securities, debt instruments of banks, insurance companies, PSUs and corporates, certificate of deposits, mutual funds, and security and receipts, among others. The Corporate and Wholesale Banking segment includes all advances to trusts, partnership firms, companies and statutory bodies. The Retail Banking segment includes Digital Banking and Other Retail Banking. It comprises of lending of funds and other banking services to any legal person including small business customers. The Other Banking Operations segment includes para-banking activities like bancassurance, third party product distribution, and demat services.