Karur Vysya Bank

RBI slaps Rs 1 crore fine on Yes Bank for non-compliance of directions on SWIFT messaging software

Swift is the global messaging software used for transactions by the financial entities.

RBI imposes Rs 11 crore fine on 4 banks for non-compliance in Swift operations

Post the PNB fraud, which came to light in February 2018, the RBI has been tough on banks to tighten all kind of their transactions.

RBI imposes Rs 8 crore fine on three banks for non-compliance of directions on Swift messaging software

The Reserve Bank of India has imposed a total monetary fine of Rs 8 crore on three banks - Karnataka Bank, United Bank of India and Karur Vysya Bank - for non-compliance of directions on Swift messaging software

Karur Vysya Bank Q1 net profit falls 69% to Rs 68.97 crore; gross NPAs rise to 7.44%

Private sector Karur Vysya Bank's net profit plunged 68.97 percent to Rs 68.97 crore for the quarter ended 30 June on the account for higher provisions for bad loans

Two days after RBI hikes repo rate, Bank of India raises lending MCLR by 10 bps across various tenors

Following peers, state-owned Bank of India has hiked lending rates based on MCLR by 0.10 percent for various tenors.

A day after RBI hiked the repo by 25 bps, Indian Bank, Karur Vysya raise lending rates

Within a day of RBI hiking the key lending rate, banks have started raising interest rates which will increase EMIs for auto, home and business loans

Karur Vysya Bank Selects Polaris' Intellect Global Transaction Banking Solution

Intellect GTB's comprehensive Transaction Banking architecture to fuel growth of the bank's transaction banking service.

ISACA, IDRBT Recognise Banks For IT Risk Mgmt Programs

ICICI, Karur Vysya and South Indian Bank earn award for managing IT risk.

IBM To Implement CTS At Karur Vysya Bank

Karur Vysya Bank (KVB) has chosen IBM to modernise their clearing systems and subsequently implement CTS.

Pranab Mukherjee praises Raghuram Rajan's efforts to tackle NPAs

Just retired RBI Governor Raghuram Rajan's clean-up of more than $ 100 billion of stressed assets on the books of banks on Saturday came in for praise from President Pranab Mukherjee who felt rising NPAs are not a desirable situation.