KVB· Q1 FY27

Karur Vysya Bank

Advances reported on a gross basis

Assets: ₹1,44,364 Cr
Deposits: ₹1,22,587 Cr
Advances: ₹1,04,680 Cr
Business: ₹2,27,267 Cr
Net Profit: ₹756 Cr

Digital & payments

Digital transaction share98%

UPI transactions4,575 lakh/qtr

Digital transaction share — peer comparison

Digital & payments detail

Digital transaction share: 98%
UPI transactions: 4,575 lakh
DLite: 7M+ downloads; 1.3M+ MAU; 2.3M monthly avg transactions
Digital initiatives: Instant VKYC; soft token; NACH/CTS digitization; GenAI SMS; omni-channel marketing

Digital initiatives

Digital banking
DLite enhanced UI, instant VKYC, pay-to-contacts, single pay button, soft-token internet banking
7M+ downloads; 1.3M+ MAU
Payments
IMPS/NEFT/RTGS/MMID in KVB Corp; UPI transaction scale; NACH/CTS digitization
4,575 lakh UPI transactions in Q1
Digital Banking
CRM module has been introduced for sharing the leads, monitoring and timely conversion into business.
Digital Banking
KVB DLite Mobile banking App offers enhanced UI, pay to contacts, dynamic offers, easy navigation, search button, instant video KYC, seamless login, single pay button, and set favourites.
7 M + Total Downloads; 2.5 M + Monthly Avg Transactions; 1 M + Monthly Active Users; 4.17 L Accounts Opened
Digital Banking
Launch of "KVB Corp", a dedicated mobile banking application developed exclusively for Corporate customers, offering account activities, loan services, payments, deposits, tax payments, profile management, e-services, and alerts.
Digital Banking / Customer Engagement
A unified platform enabling seamless customer engagement across multiple Digital channels.
Digital Banking / Customer Onboarding
Real time Video-based KYC verification integrated in DLite app for quick onboarding.
Digital Banking / Security
A secure mobile application generating authentication codes for safe Internet Banking access.
Digitalization / Operational Efficiency
Online processing of NACH mandates, inquiries and CTS cheque image retrieval for improved efficiency.
Digital Banking / Marketing
An internal utility to manage and update promotional banners within DLite mobile app.
AI / Digital Marketing
AI-powered solution to enhance SMS content effectiveness through personalized messaging helps in cost reduction.
Digital Banking
Driving digital banking experience through strategic partnerships with various service providers, business support partners, channel partners, payment aggregators, government entities, payment systems, and security solutions.
Governance / Digital Strategy
Operating an IT Strategy and Digital Transaction Monitoring Committee to ensure disciplined governance and strategic oversight of technology and digital transactions.
Employee Training
Focused training initiatives on Bank's products and account identification
Technology & Operations
Technology enabled monitoring tools to maintain portfolio quality
Technology & Portfolio Quality
Technology enabled monitoring tools to maintain portfolio quality
Digital Banking
Building a Strong Digital ecosystem
Digital Banking
KVB DLite Mobile banking App
7 M + Total Downloads, 2.3 M + Monthly Avg Transactions, 1.3 M + Monthly Active Users, 4.13 L Accounts Opened
Digital Banking
Launch of “KVB Corp”, a dedicated mobile banking application developed exclusively for the Corporate customers
Digital Banking
A unified platform enabling seamless customer engagement across multiple Digital channels
Digital Banking
Real time Video-based KYC verification integrated in DLite app for quick onboarding
Digital Banking
A secure mobile application generating authentication codes for safe Internet Banking access
Digital Banking
Online processing of NACH mandates, inquiries and CTS cheque image retrieval for improved efficiency
Digital Banking
An internal utility to manage and update promotional banners within DLite mobile app
Digital Banking
AI-powered solution to enhance SMS content effectiveness through personalized messaging helps in cost reduction
Digital Banking
Strategic partnerships for Assets, Liabilities, Channel Partners, Payment aggregators, Govt Business, Payments, and Security
Digital Banking
Building a Strong digital ecosystem.
Digital Banking
Development and promotion of KVB DLite Mobile banking App with enhanced features like instant video KYC, easy navigation, and seamless login.
6.7 M + Total Downloads, 2.3 M + Monthly Transactions, 1.3 M + Monthly Active Users, 4.1 L Accounts Opened
Digital Banking
Omni Channel Marketing tool for customer communication: A unified platform enabling seamless customer engagement across multiple digital channels.
Digital Banking
Instant VKYC in DLite: Real-time video-based KYC verification integrated within the DLite app for quick onboarding.
Digital Banking
Soft token app for internet banking: A secure mobile application generating dynamic authentication codes for safe internet banking access.
Digital Banking
Digitalization of NACH cancellation, inquiry and CTS Cheque image: Online processing of NACH mandate cancellations, inquiries, and CTS cheque image retrieval for improved efficiency through internal ticketing tool.
Digital Banking
Tool for Banner update in DLite: An internal utility to manage and update promotional banners within the DLite mobile banking application.
Digital Banking
SMS optimization using GenAI: AI-powered solution to enhance SMS content effectiveness through personalized and context-aware messaging thereby for cost reduction.
Digital Banking
Building a strong digital ecosystem.
Digital Banking
Enhancing the KVB DLite Mobile Banking App with features like enhanced UI, easy navigation, seamless login, pay to contacts, search within app, single pay button, dynamic offers, manage cards, and set favorites.
5 M+ Total Downloads, 2.2 M+ Monthly Transactions, 1.3 M+ Monthly Active users
Digital Banking
Focusing on increasing UPI transactions.
3733 lakhs UPI Transactions (Quarterly) in Jun-25
Digital Banking
Driving growth in digital transactions and increasing the share of digitally served transactions.
25% Growth in Digital Transactions YOY, 92% Of the transactions served Digitally