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    Karur Vysya Bank expanded its presence in Tamil Nadu by opening four new branches in December 2024 in which cities?
    Question

    Karur Vysya Bank expanded its presence in Tamil Nadu by opening four new branches in December 2024 in which cities?

    A.

    Chennai, Vellore, Kanyakumari and Trichy

    B.

    Coimbatore, Erode, Trichy and Salem

    C.

    Madurai, Tiruppur, Krishnagiri and Chennai

    D.

    Coimbatore, Chennai, Tirunelveli and Thanjavur

    Correct option is C

    The correct answer is: (c) Madurai, Tiruppur, Krishnagiri, and Chennai
    Explanation:
    In December 2024, Karur Vysya Bank (KVB) expanded its presence in Tamil Nadu by inaugurating four new branches. These branches were strategically opened in the following cities:
    • Madurai (Othakadai): This branch was inaugurated by Mrs. N. Usha, Joint Commissioner (Commercial Taxes), Intelligence, Madurai. 

    • Tiruppur (Muthur): The inauguration was conducted by Mr. M.S. Shanmugam, Correspondent, Vivekananda Educational Institution, Muthur. 

    • Krishnagiri (Gandhi Road): Mrs. A. Aftab Begum, Secretary, District Panchayat Office, Krishnagiri, officiated the opening. 

    • Chennai (Kolathur): The branch was inaugurated by Mr. Hanish Chaabra, IAS, Managing Director, New Tirupur Area Development Corporation Ltd, Chennai. 

    Information Booster:

    • Branch Services: The new branches offer a comprehensive range of banking services, including savings and current accounts, deposits, loans, and locker facilities.

    • Strategic Expansion: This expansion aligns with KVB's strategy to strengthen its presence in key markets across Tamil Nadu, catering to both retail and institutional customers.

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