Company Update KARUR VYSYA BANK LTD. - 590003 - Approval granted by Reserve Bank of India (RBI) to … BSE India Karur Vysya Bank Ltd has informed BSE regarding "Approval granted by Reserve Bank of India (RBI) to SBI Mutual Fund SBI MF ) for acquiring aggregate holding of up to 9.99% of the paid up share cap ital or voting rights of the Bank".