Vijaya Bank

Infobox Company
company_name = Vijaya Bank
company_
company_type = Public BSE|532401
foundation = 1931 at Mangalore, India.
location =
key_people = Albert Tauro, Chairman & Managing Director
industry = Financial
Commercial banks
num_employees = 11,528 (2007-08)
homepage = [http://www.vijayabank.com www.vijayabank.com]

History

Vijaya Bank, a medium sized bank with presence across India was founded on 23rd October 1931 [ [http://vijayabank.com:8081/vijaya/vijaya/internet-en/menus/we-at-vijaya-bank/inception.html Vijaya Bank - Inception] ] by the late Shri A.B.Shetty and other enterprising farmers in Mangalore, Karnataka in India.. The objective of the founders was essentially 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.

Growth & Nationalisation

Vijaya Bank grew steadily by merging nine smaller banks into it between 1963-68. Shri M.Sunder Ram Shetty, who was then the Chief Executive of the bank is largely credited with these mergers. The bank was nationalised on 15 April 1980.

Branches

As of 2008, the bank has a network of 1053 branches, 47 extension counters, 296 ATMs. Its head office is located in Bangalore, India.

Thrust on Information Technology

The Bank has chosen Finacle from Infosys as centralised banking solution. 736 branches, 38 extension counters and 11 service branches are functioning on CBS covering 93.3% of the total business. 747 branches are RTGS and NEFT enabled.

ee also

[http://www.vijayabank.com Official site]