Vijaya Bank is a medium-sized Public Sector Bank with presence across India. It is one of the nationalised banks in India.
Vijaya Bank, was established by Shri. Attavar Balakrishna Shetty at Bunts Hostel in Mangalore on October 23, 1931. Since it was established on Vijayadashami Day, it was named 'Vijaya Bank. 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
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 with these mergers. The bank was nationalisation on April 15, 1980.
Currently, Vijaya Bank employs 13,700 people. The Bank has recently recruited young workforce to cope up with the changing banking scenario & to compete with the growing private
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.