Karur Vysya Banks On Organic Spread

Organic growth and flexible approach to banking is the mantra that Karur Vysya Bank (KVB) plans to practise so as to have a pan-India presence and expand business at a fair clip, according to P T Kuppuswamy, chairman.

The old private sector bank, which currently has 217 branches and 52 ATMs, predominantly in the south, is seeking to spread its wings by adding 20 branches and 48 ATMs this year. KVB already has an ATM sharing tie-up with UTI Bank, which has 845 ATMs across the country. The bank has roped in IT solutions provider i-flex solutions for implementing