BUSINESS PROFILE :
Vijaya Bank was established in 1932 in Mangalore, Karnataka with the objective to promote banking among the farming community of South Kannada district. The bank became a scheduled bank in the year 1958. It grew steadily into a large all India bank by merging with 9 smaller banks during 1963-68. The bank was nationalised in 1980.
All of the bank`s over 960 branches have been computerized covering 98.5% of its total business. Besides this, the bank also has over 160 ATMs. During the financial year 2005-2006, the bank opened 13 Branches, of which 2 are specialized commercial & personalized banking branches and one a SSI branch.
The bank has a strong presence in the southern states. Its business activities are diversified and encompass merchant banking, credit cards, ATMs, housing finance, fast collection services, etc. Vijaya Bank plans to focus on farm and retail lending to push up business.
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