RBI gives nod to B Swaminathan’s appointment as Non-Executive Chairman of Karur Vysya Bank

RBI gives nod for the appointment of Independent Director B Swaminathan as the Non- Chairman of the Karur Vysya Bank (KVB) for three years.

About KVB

• KVB is a private sector Bank it’s headquartered is in Karur, Tamil Nadu.
• It was set up in 1916 by A. Venkatarama Chettiar and Athi Krishna Chettiar.
• KVB is one of the largest old generation private banks in India.
• It is largest Tamil Nadu based private bank followed by City Union Bank.