Karur Vysya Bank Ltd Share Price – NSE  / BSE

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The project has been developed as an integrated blue-green infrastructure initiative designed to capture, store and naturally filter rainwater, helping mitigate urban flooding while replenishing groundwater resources.

According to the bank, the Sponge Park addresses challenges arising from rapid urbanisation, declining groundwater levels and seasonal waterlogging in the region. The project aims to transform an urban space into a sustainable public asset that combines water management, climate resilience, biodiversity enhancement and community well-being.

Mullai Nagar was identified as a suitable location due to recurring flooding issues, groundwater stress and limited green public infrastructure. The nature-based solution is expected to improve environmental sustainability while creating a model for resilient urban development.

KVB said the park will provide residents with an accessible and eco-friendly recreational space and help strengthen the area's resilience to climate-related challenges. The project is also expected to serve as a demonstration site for sustainable urban planning, water-sensitive design and ecological conservation.

Speaking on the project, MD & CEO, Ramesh Babu, Karur Vysya Bank, said, At Karur Vysya Bank, we believe that sustainability is a very important part of our commitment to responsible growth and community development. We are focused on creating long-term environmental impact by supporting initiatives that address pressing ecological challenges. The Sponge Park at Mullai Nagar under KVB Bhoomi is a pioneering example of how nature-based infrastructure can improve water security, mitigate urban flooding, enhance biodiversity, and create healthier public spaces. We are pleased to partner with the Tambaram City Municipal Corporation in building a greener and more resilient future for the community.

Karur Vysya Bank has engaged with leading FinTech companies for expanding our reach and providing innovative financial services.

The bank?s standalone net profit jumped 41.2% to Rs 724.96 crore on 16.3% rise in total income to Rs 3,519.45 crore in Q4 FY26 over Q4 FY25.

The scrip shed 0.05% to end at Rs 296.55 on the BSE.

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Karur Vysya Bank has received affirmation in credit rating for certificate of deposit for Rs 10,000 crore at ICRA A1+.

 Karur Vysya Bank (KVB) announced the launch of its premium credit card portfolio on the Visa platform, as part of the Bank's broader strategy to strengthen its affluent banking proposition and deepen engagement with lifestyle-oriented customers.

The portfolio includes four card variants: Aura (Visa Platinum), Samara (Visa Signature), Altura (Visa Infinite) and Eternis (Visa Infinite). Designed to offer curated travel, dining and premium lifestyle benefits to emerging affluent and affluent customers, including salaried professionals, self-employed individuals and business owners. The partnership with Visa reflects KVB's focus on offering a more contemporary and premium customer experience supported by globally accepted payment infrastructure, curated lifestyle privileges and enhanced customer engagement capabilities.

Karur Vysya Bank announced that the Board of Directors of the Company at its meeting held on 7 May 2026, inter alia, have recommended the final dividend of Rs 2.6 per equity Share (i.e. 130%) , subject to the approval of the shareholders.