Share price at the NSE close on 23 Oct 2026. Previous close ₹356.05.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹32,511 Cr279th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 15 Oct 2026
- 11.0
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 15 Oct 2026
- 2.1
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.77%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 15 Oct 2026
- 21.0%
- NIMNet interest margin. Net interest income ÷ the average assets that earn interest × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026.
- 4.19%
- Gross NPAGross NPA, non-performing loans. Gross non-performing loans as a percentage of all loans, as the bank states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, where the figure is outside what it can be, where the filing's own amounts show it written on another scale or rounded to the whole per cent, where it is 0 for a bank that lends, or where it is below the net share. At the end of Sep 2026.
- 0.69%
- Net NPANet NPA, non-performing loans. Net non-performing loans as a percentage of loans, as the bank states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, where the figure is outside what it can be, where the filing's own amounts show it written on another scale or rounded to the whole per cent, where it is 0 for a bank that lends, or where it is above the gross share. At the end of Sep 2026.
- 0.18%
- CET1Common equity tier 1 ratio. The bank's core capital, mostly shareholders' money, as a percentage of its loans and other assets weighted by risk, as the bank states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, or where the figure is outside what it can be. At the end of Sep 2026.
- 17.97%
- ROAReturn on assets. Profit after tax ÷ average total assets × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. It equals net interest income + other income − operating expenses − provisions + exceptional items − tax + the lines below tax, each on the same base. For the year to Mar 2026.
- 1.96%
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 47,52,61339.6% delivered
Karur Vysya Bank board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonMEENA HEMCHANDRA
- Managing director and CEORAMESH BABU BODDU
- Company Secretary and Compliance OfficerSrinivasarao M
9 directors7 independent2 executive
- MEENA HEMCHANDRA · ChairpersonIndependent · joined May 2022 · reappointed May 2025 · 49 months as independent · 3 listed boards · 3 as independent · 3 committee seats, 1 as chair
- RAMESH BABU BODDU · Managing director and CEOExecutive · joined Jul 2020 · reappointed Jul 2023 · 71 months as independent · 1 listed board · 1 committee seat
- HARSHAVARDHAN RAGHUNATHIndependent · joined Jul 2020 · reappointed Jul 2023 · 71 months as independent · 2 listed boards · 2 as independent · 1 committee seat
- MURALI RAMASWAMIIndependent · joined Jun 2022 · reappointed Jun 2025 · 48 months as independent · 2 listed boards · 2 as independent · 2 committee seats, 1 as chair
- CHINNASAMY GANESANIndependent · joined Apr 2023 · reappointed Apr 2023 · 38 months as independent · 1 listed board · 1 as independent · 4 committee seats, 2 as chair
- RAMANI VIDHYA SHANKARIndependent · joined Apr 2024 · reappointed Apr 2024 · 26 months as independent · 1 listed board · 1 as independent · 3 committee seats, 1 as chair
- SRIMATHY SRIDHARIndependent · joined Sep 2024 · reappointed Sep 2024 · 21 months as independent · 1 listed board · 1 as independent · 3 committee seats, 1 as chair
- SANKAR BALABHADRAPATRUNIExecutive · joined Mar 2025 · reappointed Mar 2025 · 15 months as independent · 1 listed board
- MYTHILI VUTUKURUIndependent · joined Sep 2025 · reappointed Sep 2025 · 9 months as independent · 1 listed board · 1 as independent · 1 committee seat
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
3 directors who left
- RAMKUMAR RAJASEKARAN, left 24 Jun 2026: Tenure Completion
- KRISHNAN GANAPATHY MOHAN, left 11 Oct 2025: Tenure Completion
- NATARAJAN JAGANNATHAN, left 21 May 2025: Tenure Completion
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 23 Jun 202610 of 10 present7 independent · 46 days in between
- 7 May 202610 of 10 present7 independent · 7 days in between
- 29 Apr 202610 of 10 present7 independent · 33 days in between
- 26 Mar 202610 of 10 present7 independent · 21 days in between
2 earlier meetings
- 4 Mar 202610 of 10 present7 independent · 39 days in between
- 23 Jan 202610 of 10 present7 independent
Audit Committee
Chair CHINNASAMY GANESAN
HARSHAVARDHAN RAGHUNATH, RAMANI VIDHYA SHANKAR, SRIMATHY SRIDHAR
- 29 Jun 20264 of 4 present4 independent · 30 days in between
- 29 May 20264 of 4 present4 independent · 21 days in between
- 7 May 20264 of 4 present4 independent · 15 days in between
- 21 Apr 20264 of 4 present4 independent · 35 days in between
3 earlier meetings
- 16 Mar 20264 of 4 present4 independent · 5 days in between
- 10 Mar 20264 of 4 present4 independent · 45 days in between
- 23 Jan 20264 of 4 present4 independent
Nomination and remuneration committee
Chair MURALI RAMASWAMI
MEENA HEMCHANDRA, RAMANI VIDHYA SHANKAR
- 20 Jun 20263 of 3 present3 independent · 52 days in between
- 28 Apr 20263 of 3 present3 independent · 35 days in between
- 23 Mar 20263 of 3 present3 independent · 23 days in between
- 27 Feb 20263 of 3 present3 independent · 36 days in between
1 earlier meeting
- 21 Jan 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair RAMANI VIDHYA SHANKAR
RAMESH BABU BODDU, CHINNASAMY GANESAN, MYTHILI VUTUKURU
- 19 Jun 20264 of 4 present3 independent · 121 days in between
- 17 Feb 20264 of 4 present3 independent
Risk Management Committee
Chair HARSHAVARDHAN RAGHUNATH
MEENA HEMCHANDRA, RAMESH BABU BODDU, SRIMATHY SRIDHAR
- 12 Jun 20265 of 5 present3 independent · 79 days in between
- 24 Mar 20265 of 5 present3 independent · 33 days in between
- 18 Feb 20265 of 5 present3 independent
Corporate Social Responsibility Committee
Chair RAMESH BABU BODDU
MEENA HEMCHANDRA, MURALI RAMASWAMI, MYTHILI VUTUKURU
- 25 May 20264 of 4 present2 independent · 62 days in between
- 23 Mar 20264 of 4 present2 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditors
Named in the results for the quarter to Sep 2026.
- KALYANIWALLA & MISTRY LLPPeer-review certificate valid to Jul 2027
- VARMA & VARMAPeer-review certificate valid to Jul 2028
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Karur Vysya Bank AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Karur Vysya Bank dividend history
Annual general meeting, 5 Aug 2026
2,87,210 shareholders on the register on 29 Jul 2026; present: 20 promoters and 127 others; votes counted by R K Bapulal / Bapulal Yasar & Associates.The company's voting result (opens in a new tab)
- To receive, consider and adopt the Audited Financial Statements of the Bank for the Financial Year ended 31st March 2026 and Reports of the Board of Directors and Auditors thereon.Ordinary99.71% for0.29% against
Against: promoters 0.00% · institutions 0.32% · other public 0.01%
Turnout: all 61.84% · promoters 94.21% · institutions 92.34% · other public 12.60%
- To declare dividend of Rs. 2.60/- per equity share of the Bank for the FY 2025-26.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 62.37% · promoters 94.21% · institutions 93.22% · other public 12.62%
- To re-appoint Shri B Sankar (DIN: 08846754) as a Director, who retires by rotation and being eligible, offers himself for re-appointmentOrdinary99.87% for0.13% against
Against: promoters 0.00% · institutions 0.14% · other public 0.04%
Turnout: all 62.33% · promoters 94.21% · institutions 93.16% · other public 12.62%
To re-appoint M/s. Kalyaniwalla & Mistry LLP, Chartered Accountants, Mumbai (Firm Registration No. 104607W/W100166) together with M/s. Varma & Varma, Chartered Accountants, Kochi (Firm Registration No. 004532S) as Joint Statutory Central Auditors of the Bank and fix their remuneration for third yearMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 62.28% · promoters 94.21% · institutions 93.16% · other public 12.49%
- To appoint Branch Auditors of the Bank and fix their remunerationOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 62.33% · promoters 94.21% · institutions 93.16% · other public 12.62%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 17 Apr 2026, 2 resolutions
2,82,721 shareholders on the register on 13 Mar 2026; votes counted by R K Bapulal / Bapulal Yasar & Associates.The company's voting result (opens in a new tab)
- To approve the Re-appointment of Shri B Ramesh Babu (DIN: 06900325) as Managing Director & Chief Executive Officer (CEO) of the Bank for the third term of two (2) yearsOrdinary99.67% for0.33% against
Against: promoters 0.00% · institutions 0.33% · other public 2.30%
Turnout: all 52.46% · promoters 54.11% · institutions 87.16% · other public 0.96%
- To approve the Re-appointment of CA Dr Chinnasamy Ganesan (DIN: 07615862) as Non-Executive Independent Director of the Bank, for second term of five (5) yearsSpecial99.27% for0.73% against
Against: promoters 0.00% · institutions 0.73% · other public 2.47%
Turnout: all 52.35% · promoters 54.11% · institutions 86.96% · other public 0.96%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 20 Dec 2025, 1 resolution
2,69,880 shareholders on the register on 17 Nov 2025; votes counted by R K Bapulal / Bapulal Yasar & Associates.The company's voting result (opens in a new tab)
- To approve the Appointment of Dr Mythili Vutukuru (DIN: 10371961) as Non-Executive Independent Director of the Bank for a period of three (3) yearsSpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 1.47%
Turnout: all 51.18% · promoters 49.09% · institutions 87.27% · other public 0.95%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 21 Aug 2025, 10 resolutions
2,65,628 shareholders on the register on 14 Aug 2025; present: 15 promoters and 143 others; votes counted by R K Bapulal / Bapulal Yasar & Associates.The company's voting result (opens in a new tab)
- To receive, consider and adopt the Audited Financial Statements of the Bank for the Financial Year ended March 31, 2025 and Reports of the Board of Directors and Auditors thereonOrdinary99.85% for0.15% against
Against: promoters 0.00% · institutions 0.16% · other public 0.05%
Turnout: all 54.97% · promoters 95.91% · institutions 86.16% · other public 11.81%
- To declare dividend of Rs.2.60/- per equity share of the Bank for the FY 2024-25Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 55.50% · promoters 95.91% · institutions 87.12% · other public 11.82%
- To appoint a director in the place of Shri R Ramkumar (DIN: 00275622), who retires by rotation and being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it96.82% for3.18% against
Against: promoters 0.00% · institutions 3.63% · other public 0.11%
Turnout: all 55.48% · promoters 95.91% · institutions 87.09% · other public 11.81%
To re-appoint M/s. Kalyaniwalla & Mistry LLP, Chartered Accountants, Mumbai (Firm Registration No. 104607W/W100166) together with M/s. Varma & Varma, Chartered Accountants, Kochi (Firm Registration No. 004532S) as Joint Statutory Central Auditors of the Bank and fix their remuneration for second year.MoreLess
Ordinary86.00% for14.00% againstAgainst: promoters 0.00% · institutions 15.99% · other public 0.18%
Turnout: all 55.44% · promoters 95.91% · institutions 87.12% · other public 11.67%
- To appoint Branch Auditors of the Bank and fix their remuneration.Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.10%
Turnout: all 55.44% · promoters 95.91% · institutions 87.12% · other public 11.67%
- To appoint M/s S.A.E. & Associates LLP, Company Secretaries, as Secretarial Auditors of the Bank for a term of five consecutive years from the FY 2025-26 to FY 2029-30.Ordinary94.59% for5.41% against
Against: promoters 0.00% · institutions 6.18% · other public 0.10%
Turnout: all 55.44% · promoters 95.91% · institutions 87.11% · other public 11.67%
- To approve remuneration payable to Dr Meena Hemchandra (DIN: 05337181) for the position of NonExecutive Independent (Part-time) Chairperson of the Bank for the second term of three years.Ordinary94.59% for5.41% against
Against: promoters 0.00% · institutions 6.18% · other public 0.14%
Turnout: all 55.48% · promoters 95.91% · institutions 87.09% · other public 11.81%
- To approve Karur Vysya Bank Employee Stock Option Scheme – 2025Special87.70% for12.30% against
Against: promoters 0.00% · institutions 14.04% · other public 0.16%
Turnout: all 55.42% · promoters 95.91% · institutions 87.09% · other public 11.67%
- To increase the authorised share capital of the Bank and consequent alteration of the capital clause of Memorandum of Association.Ordinary99.92% for0.08% against
Against: promoters 0.00% · institutions 0.00% · other public 0.87%
Turnout: all 55.48% · promoters 95.91% · institutions 87.09% · other public 11.81%
- To approve Issue of Bonus SharesOrdinary97.14% for2.86% against
Against: promoters 0.00% · institutions 3.27% · other public 0.03%
Turnout: all 55.50% · promoters 95.91% · institutions 87.12% · other public 11.82%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 17 May 2025, 4 resolutions
2,70,552 shareholders on the register on 11 Apr 2025; votes counted by R K Bapulal / Bapulal Yasar & Associates.The company's voting result (opens in a new tab)
- To approve the Appointment of Shri Sankar Balabhadrapatruni (DIN: 08846754) as a Whole-time Director, designated as Executive Director of the Bank for a period of three (3) yearsOrdinary94.24% for5.76% against
Against: promoters 0.00% · institutions 6.58% · other public 0.08%
Turnout: all 53.35% · promoters 89.53% · institutions 86.08% · other public 10.92%
- To approve the Remuneration payable to Shri Sankar Balabhadrapatruni (DIN: 08846754), Whole-time Director designated as Executive Director of the BankOrdinary94.67% for5.33% against
Against: promoters 0.00% · institutions 6.08% · other public 0.10%
Turnout: all 53.35% · promoters 89.53% · institutions 86.08% · other public 10.92%
- To approve the re-appointment of Dr Meena Hemchandra (DIN: 05337181), as Non-Executive Independent Director of the Bank, for second term of five (5) yearsSpecial93.42% for6.58% against
Against: promoters 0.00% · institutions 7.51% · other public 0.13%
Turnout: all 53.35% · promoters 89.53% · institutions 86.08% · other public 10.92%
- To approve the re-appointment of Shri. Murali Ramaswami (DIN: 08659944), as Non-Executive Independent Director of the Bank, for second term of five (5) yearsSpecial93.00% for7.00% against
Against: promoters 0.00% · institutions 7.99% · other public 0.11%
Turnout: all 53.35% · promoters 89.53% · institutions 86.08% · other public 10.92%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 10 Dec 2024, 1 resolution
The company's voting result (opens in a new tab)
- To approve the Appointment of Smt. Srimathy Sridhar (DIN: 10627997) as Non-Executive Independent Director of the Bank for a period of three (3) yearsSpecial97.85% for2.15% against
Against: promoters 0.00% · institutions 2.44% · other public 0.40%
Turnout: all 52.17% · promoters 94.40% · institutions 86.52% · other public 10.62%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 14 Aug 2024, 5 resolutions
Present: 20 promoters and 142 others.The company's voting result (opens in a new tab)
- To receive, consider and adopt the Audited Financial Statements of the Bank for the Financial Year ended March 31, 2024 and Reports of the Board of Directors and Auditors thereon.Ordinary99.82% for0.18% against
Against: promoters 0.00% · institutions 0.21% · other public 0.02%
Turnout: all 49.86% · promoters 99.36% · institutions 82.13% · other public 11.34%
- To declare dividend of Rs. 2.40/- per equity share of the Bank for the FY 2023-24Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 50.53% · promoters 99.36% · institutions 83.42% · other public 11.34%
- To appoint a Director in the place of Shri R Ramkumar (DIN: 00275622), who retires by rotation and being eligible, offers himself for re-appointmentOrdinaryPromoters have an interest in it96.93% for3.07% against
Against: promoters 0.00% · institutions 3.57% · other public 0.15%
Turnout: all 50.41% · promoters 99.36% · institutions 83.41% · other public 11.08%
To appoint M/s. Kalyaniwalla and Mistry LLP, Chartered Accountants, Mumbai (Firm Registration No. 104607W/W100166) together with M/s. Varma and Varma, Chartered Accountants, Kochi (Firm Registration No. 004532S) as Joint Statutory Central Auditors of the Bank and fix their remunerationMoreLess
Ordinary99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.13%
Turnout: all 50.35% · promoters 99.36% · institutions 83.41% · other public 10.95%
- To appoint Branch Auditors of the Bank and fix their remunerationOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 50.47% · promoters 99.36% · institutions 83.41% · other public 11.21%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 16 Jul 2024, 6 resolutions
The company's voting result (opens in a new tab)
- To approve the Appointment of Shri R Vidhya Shankar (DIN: 00002498) as Non-Executive Independent Director of the Bank for a period of three (3) yearsSpecial99.55% for0.45% against
Against: promoters 0.00% · institutions 0.49% · other public 0.33%
Turnout: all 50.82% · promoters 92.75% · institutions 84.88% · other public 12.10%
- To approve the Appointment of Shri J Natarajan (DIN: 02710776) as a Director of the BankOrdinary99.90% for0.10% against
Against: promoters 0.00% · institutions 0.06% · other public 0.42%
Turnout: all 50.82% · promoters 92.75% · institutions 84.88% · other public 12.10%
- To approve the Appointment of Shri J Natarajan (DIN: 02710776), as a Whole-time Director, designated as Executive Director of the Bank for a period of one (1) year and payment of remuneration.Ordinary98.65% for1.35% against
Against: promoters 0.00% · institutions 1.52% · other public 0.56%
Turnout: all 50.81% · promoters 92.75% · institutions 84.86% · other public 12.10%
- To approve the revision in fixed remuneration payable to the Non-Executive Directors (except the Non-Executive (part-time) Chairperson)Ordinary99.61% for0.39% against
Against: promoters 0.00% · institutions 0.27% · other public 1.41%
Turnout: all 50.82% · promoters 92.75% · institutions 84.88% · other public 12.10%
- To approve the Revision in remuneration payable to Dr Meena Hemchandra (DIN: 05337181), Non-Executive Independent (part-time) ChairpersonOrdinary99.62% for0.38% against
Against: promoters 0.00% · institutions 0.27% · other public 1.31%
Turnout: all 50.82% · promoters 92.75% · institutions 84.88% · other public 12.10%
- To approve the variable pay remuneration of Managing Director & CEO of the Bank Shri B Ramesh Babu (DIN: 06900325) for the FY 2022-23Ordinary99.93% for0.07% against
Against: promoters 0.00% · institutions 0.00% · other public 0.62%
Turnout: all 50.82% · promoters 92.75% · institutions 84.88% · other public 12.10%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
How mutual funds voted
Fund houses must disclose how they vote at every meeting of a company they hold.Funds that hold it
Mutual fund votes, meeting of 5 Aug 2026, 16 fund houses so far (houses' deadline to file 15 Oct 2026)
- To receive, consider and adopt the Audited Financial Statements of the Bank for the Financial Year ended 31st March 2026 and Reports of the Board of Directors and Auditors thereon.16 for0 against
- To declare dividend of Rs. 2.60/- per equity share of the Bank for the FY 2025-26.16 for0 against
- To re-appoint Shri B Sankar (DIN: 08846754) as a Director, who retires by rotation and being eligible, offers himself for re-appointment16 for0 against
To re-appoint M/s. Kalyaniwalla & Mistry LLP, Chartered Accountants, Mumbai (Firm Registration No. 104607W/W100166) together with M/s. Varma & Varma, Chartered Accountants, Kochi (Firm Registration No. 004532S) as Joint Statutory Central Auditors of the Bank and fix their remuneration for third yearMoreLess
16 for0 against- To appoint Branch Auditors of the Bank and fix their remuneration16 for0 against
Mutual fund votes, meeting of 17 Apr 2026, 34 fund houses
- To approve the Re-appointment of Shri B Ramesh Babu (DIN: 06900325) as Managing Director & Chief Executive Officer (CEO) of the Bank for the third term of two (2) years33 for0 against
1 abstained
- To approve the Re-appointment of CA Dr Chinnasamy Ganesan (DIN: 07615862) as Non-Executive Independent Director of the Bank, for second term of five (5) years33 for0 against
1 abstained
6 earlier meetings
Mutual fund votes, meeting of 20 Dec 2025, 33 fund houses
- To approve the Appointment of Dr Mythili Vutukuru (DIN: 10371961) as Non-Executive Independent Director of the Bank for a period of three (3) years32 for0 against
1 abstained
Mutual fund votes, meeting of 21 Aug 2025, 30 fund houses
- To receive, consider and adopt the Audited Financial Statements of the Bank for the Financial Year ended March 31, 2025 and Reports of the Board of Directors and Auditors thereon29 for0 against
1 abstained
- To declare dividend of Rs.2.60/- per equity share of the Bank for the FY 2024-2529 for0 against
1 abstained
- To appoint a director in the place of Shri R Ramkumar (DIN: 00275622), who retires by rotation and being eligible, offers himself for re-appointment.29 for0 against
1 abstained
To re-appoint M/s. Kalyaniwalla & Mistry LLP, Chartered Accountants, Mumbai (Firm Registration No. 104607W/W100166) together with M/s. Varma & Varma, Chartered Accountants, Kochi (Firm Registration No. 004532S) as Joint Statutory Central Auditors of the Bank and fix their remuneration for second year.MoreLess
Against Angel One Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Nippon India Mutual Fund, PGIM India Mutual Fund
- Angel One Mutual FundApproval proposed for only one year as approved by RBI although RBI itself has mandated appointment for continuous three years.
- Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, PGIM India Mutual FundNo concern on merit, competence, eligibility of appointees. Non-Compliance: Approval proposed for only 1 year as approved by RBI although RBI itself has mandated appointment for continuous 3 years.
- Nippon India Mutual FundNon-Compliance: Approval proposed for only 1 year as approved by RBI although RBI itself has mandated appointment for continuous 3 years. .
21 for8 against1 abstained
- To appoint Branch Auditors of the Bank and fix their remuneration.29 for0 against
1 abstained
- To appoint M/s S.A.E. & Associates LLP, Company Secretaries, as Secretarial Auditors of the Bank for a term of five consecutive years from the FY 2025-26 to FY 2029-30.
Against Angel One Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, PGIM India Mutual Fund
- Angel One Mutual FundGovernance Concern: Failure to highlight previous Board non-compliance by the Bank in the Secretarial Audit Report or Compliance Report for FY 2024-25.
- Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, PGIM India Mutual FundCompliant with law. Governance Concern: Failure to highlight previous Board non-compliance by the Bank in the Secretarial Audit Report or Compliance Report for FY 2024-25.
22 for7 against1 abstained
- To approve remuneration payable to Dr Meena Hemchandra (DIN: 05337181) for the position of NonExecutive Independent (Part-time) Chairperson of the Bank for the second term of three years.
Against Angel One Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, PGIM India Mutual Fund
- Angel One Mutual FundGovernance Concern: Board is non-compliant with respect to retirement by rotation. The Board Chairperson and Nomination & Remuneration Committee member should be held responsible for the continued non-compliance.
- Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, PGIM India Mutual FundCompliant with Law. Governance Concern: Board is non-compliant u/s 152 of the Companies Act, 2013. The Board Chairperson and NRC member should be held responsible for the continued non-compliance.
22 for7 against1 abstained
- To approve Karur Vysya Bank Employee Stock Option Scheme – 202529 for0 against
1 abstained
- To increase the authorised share capital of the Bank and consequent alteration of the capital clause of Memorandum of Association.29 for0 against
1 abstained
- To approve Issue of Bonus Shares29 for0 against
1 abstained
Mutual fund votes, meeting of 17 May 2025, 27 fund houses
- To approve the Appointment of Shri Sankar Balabhadrapatruni (DIN: 08846754) as a Whole-time Director, designated as Executive Director of the Bank for a period of three (3) years
Against Angel One Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, PGIM India Mutual Fund
- Angel One Mutual FundGovernance concern: Board non-compliant u/s 152 of the Companies Act, 2013.
- Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, PGIM India Mutual FundNo concern identified on the merit of the proposed appointee. Governance concern: Board non-compliant u/s 152 of the Companies Act, 2013.
19 for7 against1 abstained
- To approve the Remuneration payable to Shri Sankar Balabhadrapatruni (DIN: 08846754), Whole-time Director designated as Executive Director of the Bank
Against Angel One Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, PGIM India Mutual Fund
- Angel One Mutual FundGovernance concern: Board non-compliant u/s 152 of the Companies Act, 2013.
- Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, PGIM India Mutual FundNo concern identified on the merit of the proposed appointee. Governance concern: Board non-compliant u/s 152 of the Companies Act, 2013.
19 for7 against1 abstained
- To approve the re-appointment of Dr Meena Hemchandra (DIN: 05337181), as Non-Executive Independent Director of the Bank, for second term of five (5) years
Against Angel One Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, PGIM India Mutual Fund
- Angel One Mutual FundGovernance concern: Board is non-compliant u/s 152 of the Companies Act, 2013. The Nomination & Remuneration Committee members should be held responsible for the continued non-compliance.
- Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, PGIM India Mutual FundRe-appointment compliant with law. Governance concern: Board is non-compliant u/s 152 of the Companies Act, 2013. The NRC members should be held responsible for the continued non-compliance.
19 for7 against1 abstained
- To approve the re-appointment of Shri. Murali Ramaswami (DIN: 08659944), as Non-Executive Independent Director of the Bank, for second term of five (5) years
Against Angel One Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, PGIM India Mutual Fund
- Angel One Mutual FundGovernance concern: Board is non-compliant u/s 152 of the Companies Act, 2013. The Nomination & Remuneration Committee members should be held responsible for the continued non-compliance. Appointee holds directorship in an entity that is engaged in similar line of business.
- Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, PGIM India Mutual FundRe-appointment compliant with law. Governance concern: Board is non-compliant u/s 152 of the Companies Act, 2013. The NRC members should be held responsible for the continued non-compliance. Appointee holds directorship in an entity that is engaged in similar line of business.
19 for7 against1 abstained
Mutual fund votes, meeting of 10 Dec 2024, 23 fund houses
- To approve the Appointment of Smt. Srimathy Sridhar (DIN: 10627997) as Non-Executive Independent Director of the Bank for a period of three (3) years
Against Edelweiss Mutual Fund
- Edelweiss Mutual FundTerms and Conditions of appointment of proposed ID not disclosed on the website of the Company
21 for1 against1 abstained
Mutual fund votes, meeting of 14 Aug 2024, 20 fund houses
- To receive, consider and adopt the Audited Financial Statements of the Bank for the Financial Year ended March 31, 2024 and Reports of the Board of Directors and Auditors thereon.19 for0 against
1 abstained
- To declare dividend of Rs. 2.40/- per equity share of the Bank for the FY 2023-2419 for0 against
1 abstained
- To appoint a Director in the place of Shri R Ramkumar (DIN: 00275622), who retires by rotation and being eligible, offers himself for re-appointment19 for0 against
1 abstained
To appoint M/s. Kalyaniwalla and Mistry LLP, Chartered Accountants, Mumbai (Firm Registration No. 104607W/W100166) together with M/s. Varma and Varma, Chartered Accountants, Kochi (Firm Registration No. 004532S) as Joint Statutory Central Auditors of the Bank and fix their remunerationMoreLess
19 for0 against1 abstained
- To appoint Branch Auditors of the Bank and fix their remuneration19 for0 against
1 abstained
Mutual fund votes, meeting of 16 Jul 2024, 19 fund houses
- To approve the Appointment of Shri R Vidhya Shankar (DIN: 00002498) as Non-Executive Independent Director of the Bank for a period of three (3) years18 for0 against
1 abstained
- To approve the Appointment of Shri J Natarajan (DIN: 02710776) as a Director of the Bank18 for0 against
1 abstained
- To approve the Appointment of Shri J Natarajan (DIN: 02710776), as a Whole-time Director, designated as Executive Director of the Bank for a period of one (1) year and payment of remuneration.
Against Invesco Mutual Fund
- Invesco Mutual FundJ. Natarajan, 63, was the President and Chief Operating Officer of the bank before getting appointed on the board as Executive Director. J. Natarajan was paid Rs. 14.1 mn as remuneration in FY24. We have estimated his FY25 remuneration at Rs. 18.0 mn, which is comparable to peers and is commensurate with the complexities of his role. Further, in line with RBI guideline, variable pay will comprise 50% of total pay and His remuneration will be subject to RBI approval. While we support his appointment as Executive Director, we do not support his remuneration structure as it contains reimbursement of medical expenses for self and family, without any ceiling for such reimbursements. We believe these expenses are personal in nature and should be borne by the directors themselves. The bank must also disclose granular performance metrics that determine his variable pay. We raise concern that an appointment period of just one year is short for an executive director position
17 for1 against1 abstained
- To approve the revision in fixed remuneration payable to the Non-Executive Directors (except the Non-Executive (part-time) Chairperson)18 for0 against
1 abstained
- To approve the Revision in remuneration payable to Dr Meena Hemchandra (DIN: 05337181), Non-Executive Independent (part-time) Chairperson18 for0 against
1 abstained
- To approve the variable pay remuneration of Managing Director & CEO of the Bank Shri B Ramesh Babu (DIN: 06900325) for the FY 2022-2318 for0 against
1 abstained
Each fund house counted once, from its own disclosure; the reasons are its own words.
Fines and tax disputes
Reported in the filing for the quarter to Jun 2026.
- Fine or penaltyReserve Bank of IndiaSince 20 Apr 2026
Penalty levied by RBI
Discrepancies detected by RBI for ATM Cash-Out - Fine or penaltyReserve Bank of IndiaSince 24 Apr 2026
Penalty levied by RBI
Discrepancies detected by RBI officials for cash shortage & Mutilated cash - Fine or penaltyReserve Bank of IndiaSince 12 May 2026
Penalty levied by RBI
Discrepancies detected by RBI officials for cash shortage & Mutilated cash - Fine or penaltyReserve Bank of IndiaSince 21 May 2026
Penalty levied by RBI
Discrepancies detected by RBI officials for cash shortage & Mutilated cash - Fine or penaltyReserve Bank of IndiaSince 16 Jun 2026
Penalty levied by RBI
Discrepancies detected by RBI officials during Currency Chest inspection - Fine or penaltyReserve Bank of IndiaSince 24 Jun 2026
Penalty levied by RBI
Discrepancies detected by RBI officials for cash shortage & Mutilated cash - Tax disputeParty 1 - State Tax Officer, Team Head, Audit Team-2, Office of the Joint Commissioner (ST), Erode Division. Party 2 – The Joint Commissioner (ST), Erode Division.Since 17 Dec 2024No change in status since last disclosure.
At the filing before: The hearing was scheduled on June 24, 2025 however it was not listed. The listing of the case will be after filing of counter affidavit by the respondents. The interim stay granted vide order dated February 14, 2025 will continue until further orders.MoreLess
- Tax disputeAssessing Officer, National Faceless Assessment CentreSince 21 Mar 2025No change in status since last disclosure.At the filing before: Bank has filed an appeal before the Commissioner of Income Tax (Appeals), National Faceless Appeal Centre.
2 more
- Tax disputeParty 1 – Deputy Commissioner of Income Tax Circle 1(1), Trichy Party 2 – Additional Commissioner of Income Tax Range – 1, TrichySince 22 Sep 2025No change in status since last disclosure.
At the filing before: Bank has filed a Writ Petition on 22.09.2025 before the Madurai Bench of Hon’ble High Court of Madras challenging the initiation of reassessment proceedings. The Madurai Bench of Hon’ble High Court of Madras heard the case on 06/10/2025 and granted interim stay in favour of the bank.MoreLess
- Tax disputeFaceless Assessing Officer, National Faceless Assessment UnitSince 12 Apr 2024No change in status since last disclosure.
At the filing before: Bank has received an order of Commissioner of Income Tax (Appeals), partly allowing the appeal filed by the bank against the demand raised by Assessment unit of Income Tax Department for the AY 2022-23 pertaining to FY 2021-22. The Bank is in the process of challenging the said order in the appropriate forum within the prescribed guidelines.MoreLess
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- Yes
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- Yes
- The filing has a part on tax disputes
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.