Chennai: Karur Vysya Bank (KVB) has rolled out a slew of initiatives such as hitting streets, expanding co-lending with fintech and NBFCs, besides partnership in the microfinance segment to increase its customer base, deposits and explore untapped lending in the digital space. The private sector bank has shifted the focus from corporate to commercial exposures in a bid to reduce the risks on bad loans. It has recruited 500 persons in the past three months for the Feet on Street channel, which aims at acquiring new current, savings bank and corporate salary accounts. “We have created a retail liability sales force and absorbing 1,300 people in the next one to one and half years. They…
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Kvb To Focus On Rising Deposits Via New Initiatives | Chennai News
