Vijaya Bank
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| Type | Public BSE: 532401 |
|---|---|
| Industry | Financial Commercial banks |
| Founded | 1931 at Mangalore, India. |
| Headquarters | Bangalore, India |
| Key people | Shri. H.S Upendra Kamath, Chairman & Managing Director |
| Employees | 12,500 (2012-13) |
| Website | www.vijayabank.com |
Vijaya Bank is a medium sized Public Sector Bank with presence across India. It is one of the nationalised banks in India.
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History [edit]
Vijaya Bank, was established by Shri. Attavara Balakrishna Shetty at Bunts Hostel in Mangalore on October 23, 1931.[1] Since it was established on Vijayadashami Day, it was named ‘Vijaya Bank.[2] The objective was to promote banking habits, thrift and entrepreneurship among the farming community of Dakshina Kannada district in Karnataka State. The bank became a scheduled bank in 1958. Vijaya Bank steadily grew into a large All India bank, with nine smaller banks merging with it during 1963-68. The bank was nationalised on April 15, 1980.
Growth & Nationalisation [edit]
Vijaya Bank grew steadily by merging nine smaller banks into it between 1963-68. Shri. Mulki Sunder Ram Shetty, who was the then Chief Executive of the bank is largely credited[citation needed] with these mergers. The bank was nationalised on April 15, 1980.
Currently, Vijaya Bank employs 12,500 people[citation needed]. The Bank has recently recruited young workforce to cope up with the changing banking scenario & to compete with the growing private sector & foreign banks functioning in the country.
Branches [edit]
The bank has built a network of 1360 branches, 864 centers, 48 Extension Counters and 866 ATMs as on 31.03.2013, that span all 28 states and 4 union territories in the country..
All branches are functioning on the CBS(Centralized Banking Solution) platform, covering 100% of the Bank's business.
Focus on Information Technology [edit]
The Bank has chosen Finacle from Infosys as its Centralized Banking Solution (CBS). In line with prevailing trends, the bank has been focussing on technological upgrades to operations.
It now offers services such as credit cards, merchant banking, hire purchase and leasing, and electronic remittance services.
Vijaya Bank is one among the few banks in the country to take up principal membership of VISA International and MasterCard International.
See also [edit]
- Official Website
- Vijaya Bank IFSC Codes
- Vijaya Bank MICR code ,IFSC Code, Branch location
- Vijaya Bank ATM Locations
- Swift Code of Vijaya Bank
- Indian banking
- List of banks in India
References [edit]
- ^ "A banker erased from memory". Deccan Herald. Retrieved 27 February 2012.
- ^ Vijaya Bank - Inception
External links [edit]
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