Sunday 27 May 2018

Brief Details about Vijaya Bank


Vijaya Bank is a leading public sector bank in India, This bank have around 2100 branches in all over the nation, Vijaya Bank has also a good number of Automated teller machine if go for the the data then we see that it has 4000 ATMs in all over the nation. According to the recent data the Vijaya Bank have around 16000 employees in it. If we take a look at the Bombay Stock Exchange of Vijaya Bank then we get to know that this bank has BSE of around 532401. Now if we take a look at the financial status of this bank in the year 2017 then we find out that this bank makes revenue of around 123.79 billion Indian rupees which equals to 1.9 billion US dollar. If we go for the Total Assets data of the year 2017 for this bank then we find out that Vijaya Bank makes Total Assets of around 1548.8 billion Indian rupees that equals to 24 billion US dollar. If we go for the data of Operating Income and Net income of this bank in the same year then we find out that Vijaya Bank makes Operating Income of approx. 24.21 billion Indian rupees and Net income of approx. 7.5048 billion Indian rupees. So these are the economical data of this bank in the year 2017 and Vijaya Bank has all its 2017 financial data is in rising phase when it compared to the year 2016. This bank has also a large number of products and services which are running in the market, Some of the most popular services of this bank are listed below in points.
  • Consumer Banking
  • Corporate Banking
  • Finance and Insurance
  • Investment Banking
  • Mortgage Loans
  • Private Banking
  • Wealth Management
So these are some of the current information regarding this bank, below in the next paragraph, I am going to provide some detailed regarding the history of Vijaya Bank.
Vijaya Bank was established in the year 1931 by a group of farmers which was led by A.B Shetty in Mangaluru which is in Dakshina Kannada a district of Karnataka state. Later on in the year 1958, this bank became a scheduled bank. In the period of 1936 to 1968, this bank makes rapid growth by merging with a large number of small sector banks. In the year 1965, this bank also registered its own logo and later in the year 1969 Vijaya Bank shifted its head office in Bengaluru. In the year 1980, this bank was nationalised by the government of India and at the time of nationalisation, this bank has only 571 branches in all over the nation with a total business of 6.0595 billion INR and staff strength of 1000 members.
Right now this bank is doing great business in all over the nation, If you have any kind of work to do in this bank and for that you are looking online to find out data for the Vijaya Bank like Vijaya Bank Branches IFSC Code, MICR Code, SWIFT Code, Toll free Number, Branch Locator then you just have to make a visit to our website “Ask Bank IFSC Code” where we managed to put all the data related to the banking sector.