Explanation:

• Karur Vysya Bank has launched a pre-paid card named ‘Enkasu’ in Karur, to reduce the usage of cash in the district.
• The bank has launched the Enkasu card under its Quit Cash Movement, to do away with the need for cash and it will be beneficial to both merchants and customers alike.
• Karur Vysya Bank was setup in 1916.
  Headquarter - Karur , Tamil Nadu
• Earlier , Karur Vysya Bank's chief executive officer (CEO) and managing director (MD) P R Seshadri has resigned, citing personal reasons.
• He will be relieved from the services of the bank at the close of working hours on 3lst March 2020.