This is Karur Vysya Bank’s (KVB’s) Integrated Annual Report, prepared with the objective of providing our stakeholders a concise, complete and transparent assessment of our ability to create long-standing values. It provides an in-depth overview of the Bank’s holistic approach to multi-dimensional value creation, covering both tangible and intangible, financial and non-financial aspects of the business.
The report seeks to provide a balanced and transparent assessment of how we create value, considering both qualitative and quantitative matters that are material to our operations and strategic objectives, which may influence our stakeholders’ decision-making.
This report aligns with the principles and guidelines of the:
International (IR) framework of the International Integrated Reporting Council (IIRC) (now known as Value Reporting Foundation)
The Companies Act, 2013 (and the rules made thereunder)
Indian Accounting Standards
Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
Secretarial Standards issued by the Institute of Company Secretaries of India
The Banking Regulation Act, 1949 and other relevant RBI regulations
Investors and shareholders
Government and regulatory authorities
Employees
Local communities and NGOs
Customers
It is an annual publication and provides material information relating to our strategy and business model, operating context, material risks, performance, prospects and governance, covering the financial year April 01, 2022 to March 31, 2023.
Certain statements in this document constitute ‘forwardlooking statements’, which involve known and unknown risks and opportunities, other uncertainties, and important factors that could turn out to be materially different following the publication of actual results.
These forward-looking statements speak only as of the date of this document. The Bank undertakes no obligation to update publicly, or release any revisions, to these forward-looking statements, to reflect events or circumstances after the date of this document, or to reflect the occurrence of anticipated events.
We welcome feedback on our suite of reports to ensure that we continue to disclose information that is pertinent and conducive to stakeholder decision-making. Please refer queries or suggestions through email to kvb_sig@kvbmail.com.
Download Full Report