# Karur Vysya Bank eyes Rs 2,000 crore personal loan book via Axio 2026-08-22T08:46:18+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet Karur Vysya Bank (KVB) plans to grow its personal loan book to Rs 1,500-2,000 crore through its partnership with digital lending platform Axio and Amazon's buy-now-pay-later (BNPL) customer base. Managing director B Ramesh Babu said the bank's BNPL portfolio, which previously reached around Rs 1,200 crore, currently stands at about Rs 700 crore. KVB has built around 90 lakh customers through the BNPL arrangement, which the bank sees as a base for offering personal loans and credit cards. Amazon's acquisition of Axio has temporarily slowed the partnership's scaling, but Babu expects the transition to be completed in about three months, after which the bank will engage with Amazon on the next phase. The bank also plans to use repayment histories of existing BNPL customers to offer them direct personal loans and credit cards. Babu said even 1-2% of the customer base getting credit cards could add around two lakh customers. KVB has also integrated with the Reserve Bank-backed Unified Lending Interface (ULI), aiming to run a lending product end-to-end on the platform within three months. ## Indian Opinion Analysis KVB is betting on a captive digital customer base that most traditional lenders lack. With 90 lakh BNPL customers and repayment histories, the bank has a low-cost acquisition funnel for higher-margin personal loans and credit cards. The key risk is execution: the Axio-Amazon transition has already slowed growth, and scaling credit cards to a mass BNPL base carries higher fraud and default risk, which is why KVB is starting with a closed-user group. The next milestone is the transition's completion in roughly three months, after which KVB's ability to convert even 1-2% of that base into credit card customers will test the model's profitability. ## Coverage - bfsi.economictimes.indiatimes.com ETBFSI reports KVB's plans and statements directly without inserting editorial opinion or framing. This story was synthesised by AI from the source linked above. Tags: Amazon, Axio, B Ramesh Babu, Karur Vysya Bank, Reserve Bank of India Canonical: https://indianopinion.org/karur-vysya-bank-eyes-rs-2000-crore-personal-loan-book-via-axio/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/karur-vysya-bank-eyes-rs-2000-crore-personal-loan-book-via-axio/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes. How this brief was made: an AI model read the report linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/