BANKING AFFAIRS

Detailed explanation-1: -One such Bank-Karur Vysya Bank-was set up in Karur in 1916 by two great visionaries and illustrious sons of Karur, the Late Shri M A Venkatarama Chettiar and the Late Shri Athi Krishna Chettiar to provide financial support to the traders and agriculturists in and around Karur, a textile town in Tamil Nadu.

Detailed explanation-2: -Karur Vysya Bank is a Scheduled Commercial Bank, headquartered in Karur in Tamil Nadu, India.

Detailed explanation-3: -Karur Vysya Bank was started in the year 1916 in Karur, then a small textile town with a vast agricultural background, by two illustrious sons of the soil – Sri M.A. Venkatarama Chettiar and Sri Athi Krishna Chettiar.

Detailed explanation-4: -Karur Vysya Bank is a privately held Indian bank headquartered in Karur in Tamil Nadu. The company operates in four business segments: treasury operations corporate/ wholesale banking operations retail banking operations and other banking operations.