Vijaya Bank
File:Vijaya Bank.svg | |
Public BSE: 532401 | |
Industry | Financial Commercial banks |
Founded | 1931 at Mangaluru, India. |
Headquarters | Bengaluru, India |
Key people
|
Shri.Kishore Kumar Sansi, MD & CEO |
Number of employees
|
13,700 (2014-15) |
Slogan | A friend you can bank upon |
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.
Contents
History
Vijaya Bank, was established by Shri. Attavar Balakrishna Shetty at Bunts Hostel in Mangalore on 23 October 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 15 April 1980.
Growth & Nationalisation
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 15 April 1980.
Currently, Vijaya Bank employs 13,700 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 The bank has built a network of 1630 branches, 27 Regional Offices, 42 Extension Counters and 1568 ATM's as of 31-April-2015, that span all 28 states and 4 union territories in the country.
All branches are functioning on the CBS(Core Banking Solution) platform, covering 100% of the Bank's business.
Focus on Information Technology
The Bank has chosen Finacle from Infosys as its Centralized Banking Solution (CBS) with the IT Department being handled by Wipro. 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
References
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External links
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- ↑ Vijaya Bank - Inception
- Pages with reference errors
- Use Indian English from October 2015
- All Wikipedia articles written in Indian English
- Use dmy dates from October 2015
- Pages with broken file links
- Pages using infobox company with unsupported parameters
- Articles with unsourced statements from November 2011
- Articles with unsourced statements from March 2013
- Official website not in Wikidata
- Banks of India
- Economy of Karnataka
- Government-owned banks of India
- Companies based in Bangalore
- Banks established in 1931
- Companies nationalised by the Government of India
- Government-owned companies of India
- 1931 establishments in India