The Board of Directors of Karur Vysya Bank Limited, in its meeting held on January 23, 2026, has approved the re-appointment of Shri B Ramesh Babu as the Managing Director and CEO for a third term of two years. This re-appointment is effective from July 29, 2026, and is subject to the necessary approvals from the Reserve Bank of India and the shareholders of the Bank. Shri B Ramesh Babu's current term as Managing Director and CEO is set to conclude on July 28, 2026. His reappointment for another two-year term signifies continuity in leadership. The bank also affirmed that Shri B Ramesh Babu is not debarred from holding a Director's office by any regulatory authority. Shri B Ramesh Babu brings extensive experience in banking, including strategic planning, risk management, and business development. His profile highlights a successful tenure marked by improvements in the bank's growth, profitability, and asset quality. During his leadership from June 2020 to the quarter ended December 2025, the bank achieved a CAGR of 14% in business growth. Return on Assets (ROA) improved from 0.59% to 2.05%, and Return on Equity (ROE) increased from 6.29% to 20.48%. Net Non-Performing Assets (NPA) saw a significant decline from 3.44% to 0.19% during the same period.
